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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: June 30, 2010
Double dip risks for the second half
Up to now, analyst consensus has been for 3% US growth in the second half of 2010. My expectation has been for much less. I believe that positive growth of any kind would be a best case scenario over the … Continue reading
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Howestreet.com interview today with Stirling Faux
More on the G20 and Hurricane season in asset markets today. Listen to the clip here.
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