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$18 Trillion Gap Masks ‘Stealth’ Stock Correction
There's a "stealth correction" afoot in the equity market.
What? You didn't notice? Well, that's because it's "stealth" -- playing out beneath a glossy veneer of inexorable AI exultation.
"Kospi, Bovespa, France, homebuilders, energy, biotech, healthcare, transports, defense, REITs… are we in a bear market?" someone wondered, from the "zeitgeist" quotes in the final 2024 installment of Michael Hartnett's popular "Flow Show" weekly.
It's true. There are far more "have-nots" than "haves" -- a
