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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: September 18, 2012
Danielle on the Financial Survival Network
Danielle was a guest today with Kerry Lutz on the Financial Survival Network, discussing recent trends in the economy and global markets. You can listen to an audio clip here.
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More on bankers bilking billions
Max Keiser and Stacy Herbert discuss David Cameron appointing former bankers to Treasury. We look at another former banker who became a Treasury Secretary only to become a bankster – Robert Rubin – and his role in Citigroup bilking Abu … Continue reading
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Financial transaction tax big part of the solution
30 countries around the world have now implemented some type of financial transaction tax. The US needs to do this too. Widen the bid ask spread increments and add a tiny percentage of tax to each transaction and this will … Continue reading
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