Excellent discussion on the Euro crisis, the broader deleveraging cycle and what realists must understand to surive and thrive through this period. Watch the hour long clip here. (The intro is odd, but the video after is worth watching.)
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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.
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It would appear that advisors to the Government of Portugal are steeped in their knowledge and appreciation of remote Europian Financial History.
Nor will going all cash over here necessarily spare us of a like “one off” experience.
Not sure about gold either.
Yes, it is worth the time. Thank you. Thank you. Thank you. JW, Vancouver