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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: December 1, 2009
Wide-eyed speculation back with a vengeance
What I find surprising about the big shift in market sentiment the past few months is not that some players have resumed their Reckless Myopia— humans always come back to speculative madness eventually. But the surprising part this time is … Continue reading
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