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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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Danielle’s Book
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“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Daily Archives: August 13, 2012
Five years on in the Great Recession
Great article by Ambrose Evans-Pritchard of the Financial Times today surveying the seemingly never-ending nightmare which is our present global debt crisis. Read it here: Five years on, the Great Recession is turning into a life sentence. But this too … Continue reading
Time, austerity and deleveraging are the economic cure–not God, magicians or politicians
With all the buzz this weekend about the fresh-faced Ryan joining the Romney ticket one might think the smiling duo is a game changer in terms of the economy and recovery. Who knows which team will win more votes in … Continue reading
Danielle on This Week in Money
Danielle was a guest on This Week in Money with Phil Mackesy on the weekend, talking about recent developments in world markets and the economy. You can listen to an audio clip of the discussion here by advancing the play … Continue reading