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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: November 2, 2009
Roubini: Mother of all carry trades faces inevitable bust
Yesterday the Financial Times ran an article from Economist Nouriel Roubini warning of global asset bubbles that have been simultaneously re-inflated courtesy of the falling US dollar since March. As the U dollar fell against most of the world's currencies, … Continue reading
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