Sorry the blog has been off line the past two days, the host company was making some changes and their seamless transition proved not so seamless.
It has been quite a two days. Yesterday's downside action was strong and broad, the fact that North American indices rallied off key support today may prove constructive. Since Christmas we have been expecting a re-test of the November lows. We may have got that yesterday. Still too soon to tell what longevity this bounce may have. We will have a better idea by the weekly and then monthly close at the end of January. This month has already been one for the history books. The next two weeks will be significant either way.
Cory’s Chart Corner
- Boom-Bust repeat. History calls B.S on "it's different this time", it's always different.
h/t Jessie Felder
about 15 hours ago
- Very impressive...however, given we're a consumption led economy, robots will become just another channel of wealth… https://t.co/OcCREIZbuL
about 18 hours ago
- What determines an inverted yield curve w/QE distortions and a short end at 1.25%...does the 10 yr really have to g… https://t.co/9NEwz1H25x
about 3 days ago
- Boom-Bust repeat. History calls B.S on "it's different this time", it's always different. h/t Jessie Felder
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“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.”