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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: July 10, 2010
"Death Cross" still alive and well in most world markets
Risk assets finally had a green surge this week: best week in a year. It's about time. Short-term, risk was looking heavily oversold. A good week has bred a fresh spate of bullish calls that this cyclical contraction in stocks … Continue reading
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