Follow
____________________________
Cory’s Chart Corner
Load More
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.” 👇🏼
-
Category Archives: Main Page
Priced for nothing but blue sky and sunshine
Epic financial risk and asset markets priced as if there’s none; what could go wrong? The markets have climbed higher despite continuing concerns around the shutdown, tariffs and inflation. The S&P 500 and Nasdaq have set records more than 30 … Continue reading
Posted in Main Page
Comments Off on Priced for nothing but blue sky and sunshine
The compound cost of policy errors around immigration and housing
A couple of must-read articles from the Globe this week examine Canada’s policy errors around immigration and housing–two tangential, interconnected themes with far-reaching impacts for our economy, present and future. See, How Canada got immigration right for so long–and then … Continue reading
Posted in Main Page
Comments Off on The compound cost of policy errors around immigration and housing
Real estate bust has legs
The Canadian housing bubble has been deflating since February 2022, and there’s room for it to run. We highlighted the mania and frenzy of financially destructive behaviours in real time, noting that once bubbles pop, property prices typically take years … Continue reading
Posted in Main Page
Comments Off on Real estate bust has legs
