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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.
Monthly Archives: July 2012
ECB pledge to save the Euro hits resistance in Germany
Last week while Germany’s gate-keeper Angela Merkel was off line for the day hiking with hubby, the ECB’s Mario Draghi seized the opportunity to elate algo traders everywhere with bold pledges of support (aka blank German cheques): the ECB would … Continue reading
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“Geithner slaps will be slapped back” in Euro meetings
Silvia Wadhwa is in Frankfurt with more on the meeting between US Treasury Secretary, Tim Geithner, Wolfgang Schäuble, Germany’s finance minister and European Central Bank President, Mario Draghi. Here is s direct link.
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Why we make bad decisions about money
Ever wondered what you were thinking after making a bad decision? Nobel Prize-Winning Psychologist Daniel Kahneman explains. Here is a direct link.
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