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Cory’s Chart Corner
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Maybe it is different, but the decline in breadth is playing out as it did during the Tech-wreck why, because humans are involved. Same ol'e crazy!
h/t @MauiBoyMacro
“.. equity market breadth has narrowed in recent weeks to one of its lowest levels on record. The S&P 500 has rallied by 14% from its low in late March and now trades at a new record high. However, the median S&P 500 constituent remains 13% below its respective high.” 👇🏼
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Category Archives: Main Page
Happy third birthday, AI mania
November marks the third anniversary of ChatGPT, OpenAI’s AI language model. Since the fall of 2022, competitor models have been released, including Claude (Anthropic), Gemini (Google), Copilot (Microsoft), Llama-based systems (Meta ecosystem), Mistral (Europe) and others. OpenAI and its partners … Continue reading
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Gambling culture doubles down on hardship
Levered financial bets take people down faster than emails with Epstein. And yet, there are nearly no limits on what our current system allows. Rogues and thieves being able to buy government policies in favour of predators and rampant gambling … Continue reading
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How private equity has ramped up the risk in retirement accounts
I recently wrote Private Credit Winter about the daisy chain of creative accounting and subterfuge in the private credit and private equity (PE) space, and how the tentacles spread through highly leveraged public markets and retirement accounts. The segments below … Continue reading
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