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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: May 2011
Cash is not a 4 letter word
In a financial world paid to sell risk products, there is a natural disdain for holding cash. Portfolio Managers or investors who hold cash (because they see unreasonable risk on their rule set or few attractive options at current prices) … Continue reading
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More utter nonesense on pain free solutions from the EU this morning
Markets started today with giddy hopes for a miracle cure as the EU promised another round of bail out capital for the Greek banking system without any cuts to current debt holders…they have promised to release details of their magic … Continue reading
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