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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 10, 2009
'Peak gold' arguments should trip alarms
Great piece from the WSJ's Liam Denning today: Gold Trades on Luster and Bluster reminding gold bugs and the rest of the world that unlike food, water or oil, gold is not consumed, it is mostly just hoarded. Lately gold … Continue reading
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