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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.
Monthly Archives: October 2009
But we knew Q3 GDP would be north of 3%
Watching markets roar up yesterday you have to shake your head. US Q3 GDP came in at 3.5% and within the 3 to 3.7% range that was expected; markets soared. Still on low volume; but prices soared nonetheless. The ludicrous … Continue reading
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BNN Wed October 28 at 8:35am
Ms. Park was a guest on BNN this morning Wednesday October 28 at 8:35am. The clip is available on the BNN web site here.
Roubini this morning
Nouriel Roubini on CNBC this morning talking about government intervention since March that avoided a near-term depression but is unlikely to achieve the “V” shapped recovery the stock market is pricing.
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