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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 22, 2010
“Oh the noise, noise, noise” –The Grinch, Dr Seuss
One of our favourite Christmas stories How the Grinch stole Christmas comes to mind this morning, as stock markets roared out of the gate in early optimism following yesterday’s drop. Lots of more low-volume noise. So far the clarity of … Continue reading
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Confusion, conflicts and self–serving endorsements
I have great sympathy for the average person trying to navigate financial markets, products and “advice”. The financial world is a hornet's nest rampant with self-serving “advisors” and products. No doubt consumers can be gullible and are often key players … Continue reading
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