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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
Downcycles bring opportunity for those who can resist consensus views
Toronto home sales rose 8.1% in June, but were still 35% below the decade’s average; the average home sale price dropped 5.2% year-over-year to $1,151,600. Condo sales in Toronto have declined by 75% over the past three years (-37% in … Continue reading
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The great unraveling brings pain and remorse
If we had a loonie for every person who believed, “You can never lose money in real estate.” Unfortunately, many well-meaning older folks ignorantly aided and abetted younger folks into a massive housing bubble. Many are doing the same thing … Continue reading
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Bull market in financial scams
Cyber fraud is a constant and growing threat to consumers and service providers. Safety protocols and checks are steadily evolving and increasing. It’s wild out here. David Rosenberg, Founder & President, Rosenberg Research, joins BNN Bloomberg to talk financial scams. … Continue reading
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