Danielle speaks with Phil Mackesy about the Agora Investment Conference in Vancouver this week as well as other market moving news. Listen to the radio clip here.
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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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Agreed, I thought “Endgame” is a very good book. I am just about half way through. BTW, this weekend is the turning point for “Bradly indicator” The turning point of what ? Keep thinking about Mr. Soro’s 75% cash position mentioned in your past post. On the other hand, I can’t help thinking the market is setup for a good bounce once this debt ceiling show is over. But, how long would it last? Thank you again for sharing your opinions. JW, Vancouver
That Which Is Too Fearful To Speak: The Demise of the Consumer Economy
http://www.oftwominds.com/blogaug11/demise-of-consumer-8-11.html