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Heat Map of Forecasts for the U.S. Presidential Elections
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It's a red day for stocks, but market breadth continues to improve. More than 79% of S&P 500 $SPX stocks are now trading above their 200-day moving average, marking the highest level since early April.
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The U.S. debt ratio (debt to GDP) is approaching record levels seen during World War II.
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According to Goldman Sachs, CTAs have been most long on US stocks in the last 3 years.
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Stocks are headed for a double-digit correction, warns Sam Stovall, Chief Investment Strategist at CFRA Research.
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