Wednesday, August 26, 2015 7:36:31 AM
Here Comes The Red Cavalry——Goldman Says Back-Up The Trucks, Again!
Wee! This is becoming a weird form of time travel.
Twenty-five trading days ago the S&P 500 was just 0.1% below its all-time high of 2131 recorded on May 21. Since then we have traveled backwards about 415 days!
That’s right. Yesterday’s 1893 close was down 11.2% from the all-time high, and marked the chart point first crossed way back on May 22, 2014.
Complete Article Right Here: http://davidstockmanscontracorner.com/here-comes-the-red-cavalry-goldman-says-load-up-the-trucks-again/?utm_source=wysija&utm_medium=email&utm_campaign=Mailing+List+AM+Wednesday
Wee! This is becoming a weird form of time travel.
Twenty-five trading days ago the S&P 500 was just 0.1% below its all-time high of 2131 recorded on May 21. Since then we have traveled backwards about 415 days!
That’s right. Yesterday’s 1893 close was down 11.2% from the all-time high, and marked the chart point first crossed way back on May 22, 2014.
Complete Article Right Here: http://davidstockmanscontracorner.com/here-comes-the-red-cavalry-goldman-says-load-up-the-trucks-again/?utm_source=wysija&utm_medium=email&utm_campaign=Mailing+List+AM+Wednesday
Economics by Following the Money ~ Globally & Nationally on Twitter @Conan644
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