Strength In Employment and Housing? Both Are Weaker Than You Think
September 29, 2015 at 12:30 PM EDT
Those who were caught off guard by the August-September correction ignored a deluge of fundamental, technical and economic data. (See August’s Market Top: 15 Warning Signs.) Median U.S. stock valuations had surpassed 2000 and 2007. Technical deterioration in market breadth virtually guaranteed a...