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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: May 2, 2008
Employment numbers and BS–or rather BLS
This morning markets cheered an upside surprise in April's US non-farm payroll report. Of 82 economists surveyed by Bloomberg for April 2008, the median expectation was for a job loss of -75,000 (Dow Jones had -85,000) for the month. Estimates … Continue reading
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"The Story of Stuff' and our economy
Over 2 million people have watched this video on line. Lately several readers sent it to me. An interesting glimpse at our consumption culture and the marketing machine that drives us. Perhaps a message that's time has come? Run time … Continue reading
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