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Economist Peter Schiff sounds alarm on S&P 500 crash as ‘breadth' gets ‘bad'

Source: finbold.com

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Economist Peter Schiff sounds alarm on S&P 500 crash as ‘breadth' gets ‘bad'

Economist Peter Schiff warned that weakening S&P 500 market breadth may indicate increasing downside risk despite the index remaining near record highs. The warning suggests the rally is becoming less broadly supported, a technical condition that can leave the benchmark more vulnerable to a pullback.

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