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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: February 19, 2010
Euro-Dollar headed to parity?
Gary Shilling was on Bloomberg yesterday explaining the possibility of parity for the Euro-Dollar exchange rate. That would be a further 25% increase of the U$ versus the Euro at this point and is likely to have broadly negative implications … Continue reading
Hats off to Bill Gates
If I were a semi-retired billionaire I would hope that I would not just sit around my house shopping on-line and drinking martinis, I would hope to invest my energy in solving a world problem or two. In 2050 I … Continue reading
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