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Last Updated November 15, 2017 at 10:25 am
Chris Belchamber Info
Chris Belchamber is a trader, with over 30 years of experience. Chris is the Founder of Chris Belchamber Investment Management, which he started in 2003.
Amygdalotomy and Extremes Everywhere
The chart below shows the S&P 500 rally since March 23. This has coincided with: 1. A deep worldwide recession, 2. Continued US earnings decline over the last 18 months, 3 Forward expected earnings falling back down to 2017 levels, As a result of this divergence, the S&P 500 has violently broken its relationship with earnings. The 20 year correlation of 0.9 between ... link to article
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