Charting My Interruption (CMI): “MAANAGeMeNT vs Employees…the tension grows.”

As the 9 constituents of our MAANAGeMeNT Index* (Figure 1, top panel) track ever higher in their sky-scraping office tower elevator, the "Rank & File" employees (market breadth, lower panel) refuse to join them in the office, preferring instead to "stay at home."  This is clearly not sustainable, and the way we see it, there are three possible outcomes from here:

  • Bear Market:

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