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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: September 15, 2009
Consumers in survival mode-lest we forget
Stock markets put on a happy cheer today for higher than predicted August US Retail Sales data: 2.7% M/M ahead of the market consensus for a more modest 1.9%. But stripping out the massive one-time-juice from cash for clunkers and … Continue reading
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Too big to fail?
I must admit: some days life on earth can seem a little dark. Sometimes it can seem like we humans are rather hopeless creatures. Too big to fail? More often it can seem like our more serious issues are just … Continue reading
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