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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: October 12, 2012
Shiller: too soon to expect a housing turnaround
Yale economist Robert Shiller says long-term low interest rates alone won’t be able to “fix” the nation’s housing slump and might even hurt demand. Here is a direct link.
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Shilling on the the formidable force of math
Gary Shilling, president of A. Gary Shilling & Co., talks about U.S. labor, student loan debt and global economies. Here is a direct link.