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Cory’s Chart Corner
Many 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.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Monthly Archives: April 2008
Second quarter of US contraction now confirmed
Today we received the official first guesstimate of US Q1 GDP from the BEA. In real, after-inflation terms, we were told that the economy grew for the second quarter in a row by a sub-par but conveniently positive .6% “annualized”. … Continue reading
BNN interview today Wed April 30 at 920am
Ms. Park was the guest Portfolio Manager on BNN, Market Lookahead today at 9:20am. The clip is available for replay on line for a limited time after the appearance at www.bnn.ca.
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Housing Index heading off chart
Today the latest S&P/Case-Shiller Home Price Index fulfilled my expectations with an accelerated decline of -12.7% Y/Y in February, down from -10.7% Y/Y in January. The Composite-10 index was even worse at -13.6% Y/Y, down from -11.4% Y/Y in January. … Continue reading
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