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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: October 11, 2012
Stories worth noting this morning
Risk markets jumped out of the gate this morning, supposedly in response to a report suggesting US jobless claims last week fell to 339,000 (seasonally adjusted) the lowest since January 2008. Non Seasonally Adjusted, initial claims actually jumped by 26K … Continue reading
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