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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: March 4, 2010
Being broke sucks
There are many stories of late about people balking against tough choices needed to remedy their financial duress. Yes, being broke sucks. But at the end of the day, laws of gravity do apply, and we humans must accept, adapt … Continue reading
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A few noteworthy opinions today
Stephen Roach, chairman of Morgan Stanley Asia Ltd., talked with Bloomberg's Maryam Nemazee about the U.S. economy and Federal Reserve monetary policy, See:Roach Expects `Very Modest' U.S. Consumer Spending March 4 (Bloomberg) Bottom line from Roach: don't confuse the bottoming … Continue reading
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