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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: March 24, 2012
Mapping out our secular bear in stocks
With the latest round of stimulus pump over the past few months, this time out of the European Central Bank, risk markets have lept up in another cyclical rally in our ongoing secular bear for stocks. This has led some … Continue reading