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Cory’s Chart Corner
Load MoreMany will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
Daily Archives: June 27, 2007
UK Telegraph: Banks "set to call in a swathe of loans"
Today the UK Telegraph quotes a Lombard Street Research report warning that the US faces a severe credit crunch as mounting losses on risky forms of debt catch up with the banks and force them to curb lending and call … Continue reading
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