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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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Danielle’s Book
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“An explosive critique about the investment industry: provocative and well worth reading.”
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Monthly Archives: July 2009
Plain talk can be cathartic
I admit that I have a deep revulsion to banker/brokers. I can't help it. I worked on the sell side for 6 years and I know the beast intimately. Call me a reformed smoker I suppose. Sure many of the … Continue reading
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Seeing the forest through the trees is key
Gary Shilling has decades of hands-on experience in financial markets. This doesn't mean he gets a crystal ball into the future any more than anyone else; but wisdom and experience can help us to see the main trends through the … Continue reading
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Not (likely) there just yet
Risk appetite hit another rough patch the past 4 weeks. Disappointment over the so far illusive economic recovery was pulling “growth” assets down again with a mood as damp and dreary as this summer’s weather. Then yesterday morning in a … Continue reading