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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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Monthly Archives: October 2012
Canadians urged to prepare for Hurricane Sandy
The storm, moving up the U.S. Eastern Seaboard, has already caused the cancellation of hundreds of flights to and from Eastern Canada. Wind warnings have been posted by Environment Canada covering much of southern Ontario, along with parts of Eastern … Continue reading
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S&P breaks QE2 support
Not 6 weeks after the US Fed pledged Q’Efiniity injections, the S&P 500 has not only given back all of its initial gains made on that announcement, but has also broken below the top it forged on QE2 stimulus last … Continue reading
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PBS Frontline: Climate of Doubt
How does climate change factor into Decision 2012? Here is a direct link. Watch Climate of Doubt on PBS. See more from FRONTLINE.
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