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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 26, 2008
260 US Mortgage Lenders now bankrupt
In June 2007, I noted that 80 US Mortgage Lenders had then gone bankrupt since late 2006. We predicted that many more would follow. Today, less than 1 year later, the number has risen 225% to 260 according to Lender … Continue reading
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Oil still bubbling up– buyers beware
Following up on my entry from last week and its graph of per capita oil consumption rates, this site gives us the 2008 breakdown on a country basis. Here we can see that although Canada is number 2 for per … Continue reading
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