Stock Market Internals Are in Pretty Rough Shape
Beyond the Magnificent 7, stocks are flashing a recession signal
Highlights
Beyond the Magnificent 7, stocks are flashing a recession signal…
… at a time when the Fed’s Beige Book says 8 of 12 districts are already contracting
Cash trumps credit on bank balance sheets — a tell-tale sign of lenders turning cautious
Futures market expects the ECB to cut before the Fed after more recessionary data from Europe
