The Stock Market’s Seedy Underbelly

Much has been made about the fact that the S&P 500 Index continues to climb despite the poor state of corporate earnings over the past two years. But for anyone including myself that thinks that the data associated with the large cap S&P 500 Index looks bad, it is worthwhile to dig deeper into the seedy underbelly of the U.S. stock market. For the further down one goes, the dramatically worse the current fundamental state of the market appears.

Please click on the link to read more of my article on Seeking Alpha.

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