1. S&P 500's Hidden Fracture: Over 200 Stocks in Bear Market as Index Holds
While the S&P 500's headline decline from its January high draws attention, a far more severe breakdown is unfolding beneath the surface. Market breadth has collapsed, with Morgan Stanley data revealing a startling divergence: roughly 42% of index members are already down 20% or more from their 52-week highs. This mean...