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Cory’s Chart Corner
Load MoreMaybe 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
Kalani o Māui @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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AI’s impact on your power bill
AI’s Secret Impact on Your Power Bill. Electricity bills have been climbing across the US, but the AI boom is making it worse. A lot worse. New data centers are popping up everywhere to handle ChatGPT, Gemini, and countless other … Continue reading
TM: Freight data screaming recession
Boots (tires) on the ground… The freight industry has long been thought of the circulatory system of the economy. It’s how the things bought & sold through commerce get from point A to point B in the real world. Historically, … Continue reading
Can the world afford to retire?
Four decades of policies that boosted spending and steadily reduced tax rates by papering over deficits with asset bubbles are moving toward inevitable restructuring. Investment horizons and risk tolerance steadily shrink with age. But thanks to another spate of irrational … Continue reading
