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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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“An explosive critique about the investment industry: provocative and well worth reading.”
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Daily Archives: October 22, 2010
Currency wars complicate "investing"
Aggressive budget cuts and steps toward austerity are sweeping the UK and Europe. So far North America has failed to follow suit on a federal level. On the local level however, US States and Municipalities are all in slash mode … Continue reading
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