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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 26, 2010
Bloomberg: Obama, Krugman, El-Erian's Own Words on U.S. Economy
Good update of how the recovery is shaping up for the second half: Watch the clip here.
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WSJ: Ten Stock Market Myths
Excellent article from the WSJ yesterday on 10 ridiculous things people are told and reiterate about stock market investing: 1 “This is a good time to invest in the stock market.” Really? Ask your broker when he warned clients that … Continue reading
EU banks and slower growth in the second half of 2010
Why the European stress tests were not stressful enough, with Nouriel Roubini, Roubini Global Economics chairman.
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