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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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Daily Archives: April 16, 2008
Bear market bi-polar boogie continues
There has been a lot of pessimism about the economy over the past few weeks. Today was a big relief rally on news that some companies like JP Morgan and Intel had fared better than feared. For those of us … Continue reading
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