Stonks: The Canary In The Stock Market Coal Mine

by jessefelder After my fascinating conversation with Investech founder Jim Stack a few months ago, I was inspired to put together an indicator for tracking broader speculative activity in the stock market. As Jim noted during our chat, the action in so-called …

READ MORE

The Canary In The Coal Mine Has Died…

Authored by Chris Hamilton via Econimica blog, What happens when asset valuations rise well in excess of income?  Generally bubbles form and then burst.  With that in mind… Wilshire 5000 (red line representing all publicly traded US equities), disposable personal income …

READ MORE

Summer of ’97? The SPX jumped 6% in the month after the baht took its bath…. EM is the canary for U.S markets. It’s going to be swift and violent

https://twitter.com/KyleKovacovsky/status/1029084819639087105 H O L Y S H I T–> "The emerging market foreign exchange basket just witnessed its largest 4D drawdown since Lehman. That’s -5.3% being a 5.2% standard deviation move over a ten year period," h/t @Convertbond #Lira $USD …

READ MORE