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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: August 31, 2009
China continues to correct from "deep bubble territory"
The Shanghai Index had another massive sell-off this morning, falling by a further 6.7% and making the total loss since August 4th now 23.2%. Chinese analyst Andy Xie was interviewed this morning on Bloomberg Television. He points out that “a … Continue reading
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