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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: May 15, 2008
Third time a charm or a ceiling?
The Canadian TSX Index pushed up to 14,700 today for its third pass at the all time high reached last summer. The question for the week is whether buying momentum will now be sufficient to break through to a fresh … Continue reading
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