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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.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Daily Archives: October 14, 2009
This one's a beauty: "Saudis seek compensation for drop in oil revenue"
Saudi Arabia is seeking compensation from oil-importing nations if wealthy countries reduce their oil consumption. See: Saudis Seek Compensation for any drops in oil revenues : “Petroleum exporters have long used delaying tactics during climate talks. They view any attempt … Continue reading
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“Counsellor”: a euphemism for special interest promoter
Last month Obama delivered yet another speech of strong talk against Wall Street antics: “We will not go back to the days of reckless behaviour and unchecked excess that was at the heart of this crisis, where too many were … Continue reading