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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: June 15, 2010
'Markets Pricing In Global 'Paradigm Change': Pimco's El-Erian
The guts of a secular bear: Pimco's Mohamed El-Erian explained it well on CNBC today: “We're starting to get people to realize that we're not in a 'V' anymore, (it's) more like a square root”… “We're going to come back … Continue reading
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Debt crisis redux: Double-Dip risk rising in the Euro zone
Roubini on double dip risks building in Europe: “Markets are now realizing that this is going to be a period of slow economic growth. I'm not doom and gloom, I'm talking about slow economic growth over the next 3 years. … Continue reading
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