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Cory’s Chart Corner
Daily Archives: October 6, 2010
Stiglitz: US liquidity causing global asset bubbles but not reviving real economy
Nobel Prize-winning economist Joseph Stiglitz talks about the negative impact of the Federal Reserve's policy of cutting interest rates to a record low on the global economies. Watch it on Bloomberg here.
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Extreme volatility: ours to have and hold?
Our technician showed me this chart of the VIX since 1990. Note that when volatility slumbered in the 10-20 range from 1990 to 1997, we then experienced 7 years of eye-popping volatility from 1997 to 2004. After that we had … Continue reading
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Bad plan 101: Boomers paying for kids’ and grandkids’ college from their retirement savings accounts
A CNN report yesterday found that 25% of Baby Boomers surveyed report that they will be tapping their 401K retirement plans to pay for their kids’ college. Many report that they are also helping to fund their grandkids’ education. This … Continue reading
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