Danielle spoke to Phil Mackesy of Talk Digital Network today discussing recent developments in the global economy and world markets. You can listen to the audio clip here.
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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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“This is the kind of crap we hear from these guys all the time… they all take the leverage, they all take the glory for adding the zeros on the way up, they all get the big bonuses, they’re worshipped in the society for being such brilliant thinkers… and then when the **** hits the fan, they all say ‘oh, I didn’t know, and I can’t tell you, and I’m not to blame’ …never to blame for the consequences, always there to take credit for anything that looks like it’s going up.”