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September 01, 2020 10:27am
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Warning: The stock market could be about to drop through this ‘trapdoor’

Back in 2007, when Wall Street was careening toward the financial crisis, the S&P 500 split from the consumer discretionary-to-consumer staples ratio, in a sign that appetite for risk was drying up even as the broader market pushed higher. Now, as Jesse Felder points out this week on the Felder Report blog, we’re seeing the rare divergence pop up once again
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