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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 21, 2010
Stock market surge fizzles again
This morning news of the Chinese saying they would begin to look at re-valuing the Yuan higher shot stock futures out of the gate. But with no concrete details or magical solutions sobriety crept back into the markets this afternoon. … Continue reading
Housing double dip sets up perilous second half of 2010
Meredith Whitney updates her analysis of the housing and banking sectors looking into the second half. Also see this snap shot on the Canadian housing bubble, Housing mania: the Canadian dream home:
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