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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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Monthly Archives: July 2010
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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“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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