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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
“Helping” people into lifelong debt
Mortgage rates are lower than they were a year ago, and home prices have fallen in many areas. Still, home affordability remains the worst in decades (US ratio below since 2009). The culprits are high prices and operating costs, which … Continue reading
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Danielle on CBC Weekend Business Panel
Here is a direct video link.
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AI bubble could destroy the economy
One of the currently underappreciated costs of the AI bubble is all of the resources and attention it is sucking away from other critical activities and investments. Gary Marcus, founder at Geometric Intelligence, joins BNN Bloomberg to discuss concerns around … Continue reading
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