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Cory’s Chart Corner
Load MoreMany 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.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
Daily Archives: September 3, 2010
Jobs report gets bullish blood roaring this morning
The US lost 54,000 jobs in August, which is 46,000 less than the consensus had expected. The all important private sector added 67,000 new jobs (27K more than expected) and the “official” unemployment rate edged up to 9.6%. It is … Continue reading
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Roubini on Market Risk in the midst of current global slowdown
“The process of de-leveraging has to continue.” Also here he is on Bloomberg with more.
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