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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 29, 2012
Gold Report Interview
Last week I did an interview with the Gold Report on market conditions, risks and opportunities. You can read it here.
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Good reads this morning
Rooftop farms looking to expand in New York World Bank warns China is a ticking time bomb Five global risks to monitor in 2012 Time to panic about the Canadian housing market
Michael Lewis on the madness of financial engineering
Michael Lewis is one of the best financial writers of our time. He worked in the brokerage business early on and has been writing about money and markets ever since. His idea that there needs to be a clear division … Continue reading