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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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Daily Archives: June 9, 2011
Bringing leverage back down to earth
For some time now I have been talking to my kids about the key strengths of democracy: a written constitution, basic rights and freedoms, the social contract and the rule of law. Ignorance is our greatest weakness. Unless we can … Continue reading
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Good discussion on fiduciary duty in politics
“Corporate board members, financial advisers, and other professionals are bound by a principle called “fiduciary duty,” in which they are required to act in the best interests of the clients or companies they are serving, elected government representatives should be … Continue reading
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