Dear Fellow Expat:
Amelia is all over the place. She’s seven now and spent $40 of her own money at a Holiday Bazaar on Friday. I’ve been trying to rest up - not keep up with the madness.
She’s already wrapped all her presents - so we’re done shopping in this house.
Our attention can turn back to the markets - and the news yesterday that we’re back in red territory for the S&P 500 AND the Russell 2000.
We’re looking for clues on what’s happening right now - but the breadth of the market seems terrible. Low volumes and sharp concerns about the Federal Reserve and the Bank of Japan are looming. And our little post-election rally - combined with Santa Clause - has run hard into the wall.
Charts of the Week
Before the week in review, here’s what stands out on Saturday.
Despite new S&P 500 and Nasdaq records, S&P sales continue to surge among executives. The aggregate ratio of selling to buying has hit an all-time high.
Syz Group questioned how and why this is happening.
The simple answer is th…
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