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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: May 23, 2012
Thrive, the movie. Over the top?
This documentary is worth considering. It is looooonnnnng (2:12) and far reaching (definitely conspiratorial). It includes many upsetting allegations or assertions. However it is not necessary to accept every proposition in order to see some overall merit. Many of the … Continue reading
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Recall the teeter totter
The usual parade of clueless commentators are scrambling to explain the ongoing plunge in risk assets worldwide. One of today’s “shocker” headlines is captured in the below clip: “Crude oil futures extended declines after the U.S. Energy Department said stockpiles … Continue reading
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Investors pull half a billion out of O’Leary Funds
Kevin O’Leary surfed the wave of his TV notoriety to attract money into the funds he launched just after the market crash in 2008. And he was very successful at bringing in more than a billion in capital via the … Continue reading
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