Monday Macro – watch those earnings, Jeremy’s jeremiad, the most shorted stocks, time in the market
More bearish data to start September. Apologies. Watch those corporate earnings fall. And the must read that is Jeremey Grantham’s latest report. Plus the top shorted UK stocks AND truly awful US long
Watch those earnings
So, the bears are back in business. As I write this before the US markets open, the S&P 500 – the index you need to watch – is down 5.33% over the last month. Looking at the old 20 and 200 day moving averages we are firmly in bear market territory (both below the Mas). At the global level, Howard Silverblatt at S&P Dow Jones reports …
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