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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 20, 2012
High Frequency Trading has helped destroy market credibility
“High-frequency trading, which already has a sullied reputation, is even worse than the critics have charged, a new survey shows. The Federal Reserve of Chicago recently asked 30 firms associated with the industry — traders, exchanges, vendors and others — … Continue reading
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Friedman on China and the Middle East
Tom Friedman of The New York Times was on Charlie Rose last night discussing his recent trip to China and developments in the Middle East. Here is a direct link.
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A disturbing portrait of modern Russia
Last night on Charlie Rose, I caught this segment with Bill Browder, Chief Executive Officer and co-founder of the investment fund Hermitage Capital Management. He describes a deeply disturbing portrait of corruption and injustice in Russia today that extends from … Continue reading
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