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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.
Daily Archives: March 26, 2012
Volatility plunging to April low again?
This really is starting to look like that old film classic Groundhog Day or is it more like Texas Chainsaw Massacre? Sauved by the soft sounds of reassuring Central bankers, volatility has plunged to complacent lows once more just as … Continue reading
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Economic indicators worsen while the risk crowd roars
As risk markets screamed higher on more dope-hope from the US Fed today, the US housing data continues to be uniformly bleak. (Well actually economic data has been disappointing 2 for 1 to any upside surprise in each release this … Continue reading
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Lobbyists undermining US democracy
Sad but true. For the love of democracy….get lobbying money out of congress. It is indefensible. See the direct link here.
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