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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Listened to your pod cast spot and agree with you 100%, we are on the same page. Time to get short this market maybe for a day or two.
Cory like your chart of XTR ….. I absolutely agree…..all those seeking income at any price and blindly following their shills placing their capital at extreme risk are going to get hammered. Paying ridiculous multiples for pipelines and reits when interest rates cannot go lower is suicide. Desperation drives people to madness.
The “getting paid to wait” mantra the shills are serving them may ring a little hollow when their portolio gets cut in half. There really ought to be a law.