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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: February 6, 2012
The organic elite surrenders to Monsanto?
This is a disturbing article on the watering down of organic into “natural” food marketing. Read your package ingredients carefully no matter what the advertising says. The strongest vote we consumers can make is with our dollars and the products … Continue reading
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IMF warns on China’s vulnerability to Euro recession
Most global strategists and economists are begrudgingly forecasting a short, mild 2012 recession for Europe. But with fiscal crisis, bad debts and austerity sweeping the lands, surely short and mild could prove wildly optimistic. This week the IMF considers the … Continue reading