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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: May 4, 2010
This is where protectionist feelings come from
Today the world is taking a sober look at the Greek bail out plan, and realizing it raises more concerns than solutions. See Bloomberg: Greek rescue doubts spur sovereign debt risk on contagion bets. At best the bail out it … Continue reading
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