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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: December 9, 2011
One of the more sinister headlines you will read today
Last night at 3am a CNN news alert woke me with a ping on the kitchen iPad: “Cameron vetoes new Euro Treaty, stocks plummet.” By this morning at 6am global markets had all turned up. Scanning through the news alerts one … Continue reading
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