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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.
Daily Archives: October 26, 2009
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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Crazy drivers are at it again
Speculation has officially gone free-money-mad in the world. Liquidity-dumps from governments are once again pumping bubbles around the globe as reckless players clamour to drive fast, drunk and without any saftey gear. Chinese analyst Andy Xie writes today: “This round … Continue reading
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