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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: October 12, 2010
Roubini: "Currency wars can lead to trade wars"
Nouriel Roubini, co-founder of Roubini Global Economics LLC, talks with Bloomberg from the IMF talks this weekend about the impact of currency dispute on global trade relations. Roubini also discusses the outlook for additional quantitative easing by the U.S. Federal … Continue reading
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Stephen Roach: "QE2 won't work"
Quantitative easing is not going to work, warns Stephen Roach, non-executive chairman at Morgan Stanley Asia. In this First On CNBC interview, he tells CNBC's Chloe Cho why, as well as if capital controls will help or hamper the global … Continue reading
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