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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 10, 2010
Credit crisis phase two: bail out deja vu
On Sunday, the IMF and Euro zone approved its 957 billion Euro package for Greece et. al. A trillion bucks is a big commitment and shows just how worried they are about further contagion in the bond markets. The EU … Continue reading
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