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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.
Monthly Archives: October 2010
ECRI LEI: "Double dip risk gone."
This morning Lakshman Achuthan, Economic Cycle Research Institute, says at the end of October his leading indicator index is showing definitive evidence of a slow recovery but “no double dip recession any time soon.” Hopefully he is right. He notes … Continue reading
New High Net worth Survey shows reduced risk appetite and worry about a double dip
Here is something people without wealth frequently miss: unlike the masses who are clamouring just to get a few dollars, those who have amassed a large chunk of their life savings already, have something to lose! There are just 10 … Continue reading
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States are in crisis mode
The governor of Washington State thinks famed banking analyst Meredith Whitney is wrong. Responding to Whitney’s comment in late September that states resemble banks just before the financial crisis, Governor Christine Gregoire, a Democrat, said, “We’re in crisis mode. We … Continue reading
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