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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: August 20, 2012
Faith in central bank powers is misplaced
Here is a direct link.
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American Idle: Five reasons we hate the stock market
This is a must read article. A warning to those who may be offended, it includes some racy language and sexual reference. Well used to excellent point in my view. It is a great relief to have people call BS … Continue reading
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60 Minutes: The case against Lehman Brothers
Steve Kroft investigates the collapse of Lehman Brothers, which triggered a chain reaction that produced the worst financial crisis and economic downturn in 70 years. My caveat here is that the collapse of Lehman was not the cause of the … Continue reading
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