Friday, July 1, 2016

Russell 3000 view

Since the start of the great expansion, the Russell 3000 on a year over year change, has dropped below zero seven times.  Four of them ended up preceding a recession.  The two that didn’t were during the golden years of Camelot II.  The seventh just happened and pulled back up above the zero line by a tiny bit.

So what?  I donno.  You tell me.  It looks like the broad stock market isn’t robust, to say the least.  Maybe it means the stock market having been downish will now go upish.

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