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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: March 16, 2010
Meredith Whitney: Housing market sure to double dip
“I don't think there's much the Fed can do to get banks to start lending again. That's a structural problem, the model is broken,” Whitney told “Worldwide Exchange” this morning from Europe.
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Market sentiment complacent in the eye of the storm
The VIX is trading at the bottom of its two-year range, a possible signal that fear is leaving the market. Paul Britton, of the Capstone Holdings Group, and Nouriel Roubini, of Roubini Global Economics, share their insight this morning on … Continue reading
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