Massive Divergences as the S&P 500 Hits Record High
Weak breadth provides non-confirmation to new S&P 500 high… not to mention the lack of fundamental support
Highlights
• Chinese deflation overlooked by global investors
• Weak breadth provides non-confirmation to new S&P 500 high…
• … not to mention the lack of fundamental support
• The “last mile” of inflation may not be as difficult as many think
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