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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: September 12, 2012
A Europe devoid of sovereign democracies
The European Stability Fund (ESM) was due to take effect in July and proposed as a backstop to protect the debt crisis from spreading by providing loans to troubled euro zone members. It was designed to replace the European Financial … Continue reading
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Farage: warning on the “emerging, creeping Euro dictatorship”
Nigel Farage MEP, Leader of the UK Independence Party speaking in the European Parliament, Strasbourg, 12 September 2012 responds to yesterday’s State of the Union address by the President of the European Commission, José Manuel BarrosoHere is a direct link.
Simple math is the path back
For those interested in seeing the truth about the US budget (and other countries now trying to borrow their way to economic strength) this video is simple and to the point. The fiscal solution will require a writing down of … Continue reading
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