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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 19, 2012
Last one out of the Euro, turn the lights off
Jonathan Tepper of Variant Perception and co-author of Endgame (with John Mauldin) offers us an excellent, detailed and wonderfully readable paper on how and why currency break-ups have been common, important solutions throughout economic history. His conclusion: far from the … Continue reading
Jim Rogers: “Let those that are bankrupt go bankrupt”
“Let Greece go bankrupt, let all the people who are bankrupt go bankrupt, and then you can start over, you reorganize the assets and start over,” Jim Rogers, CEO of Roger Holdings, told CNBC. “Until that happens, this is going … Continue reading
Sunday fun: 60 Minutes presents 3 remarkable women
In a special hour hosted by Morley Safer, “60 Minutes” presents in-depth profiles on three remarkable women: country singer Dolly Parton, Vogue editor Anna Wintour and actress Meryl Streep (all in their 60’s and all at the top of their … Continue reading