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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: October 7, 2009
Speculating rather than investing because the real economy is dying
Aron Task at Tech Ticker yesterday interviewed Christopher Whalen of Institutional Risk Analytics on the accelerating credit contraction that is now undermining the economic recovery. As I have said before, longer-term, reducing debt levels is part of the solution to … Continue reading
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