40% Of US Stocks Are Loss Making

US Stocks: On shaky foundations? 

At the beginning of this week, stocks closed at a record high for the 12^th consecutive session, an anomaly that’s only happened once before in 1987. It’s not just US equities that seem to be celebrating MSCI & FT World Indices also hit all-time highs last week.

The gains (and jubilant mood among investors) have been attributed to Donald Trump’s first few weeks in office, along with improving economic data around the world but while the headline figures seem to show that the stock market is in rude health (and the VIX is at record lows, these positive headlines are discussing what analysts at SocGen have labeled as an “underbelly of trouble”.

80 Percent...

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