Ms. Park was a guest this morning at 8:50am est on BNN with Michael Kane, discussing the significance of recent price action in bonds and equities as well as key macro trends and how investors can protect themselves from the mounting risk of further capital losses. A clip of the interview is available here on the BNN web site.
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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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Danielle’s Book
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“An explosive critique about the investment industry: provocative and well worth reading.”
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Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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“Contained Depression”
http://globaleconomicanalysis.blogspot.com/2010/08/contained-depression.html