Chris Ciovacco says total debt to GDP has seen no net rise in 20 years, suggesting long term leverage is broadly stable versus economic output. He also pointed to stronger S&P 500 sector breadth and rising market fears.
published
Chris Ciovacco says total debt to GDP has seen no net rise in 20 years, suggesting long term leverage is broadly stable versus economic output. He also pointed to stronger S&P 500 sector breadth and rising market fears.
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