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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.”
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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 15, 2009
Dow 10,000 again
Interesting discussion with Art Cashin on yesterday's break back to 10,000 for the Dow. Here's a question to ponder: Could it be that the US Fed has been buying the market in an effort to cheer up sentiment on the … Continue reading
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Some of the articles that caught our eye today
NYT: Still on the Job, but at half the pay: “In recent decades, layoffs were the standard procedure for shrinking labor costs. Reducing the wages of those who remained on the job was considered demoralizing and risky: the best workers … Continue reading
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