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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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Danielle’s Book
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“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Monthly Archives: December 2012
Fiscal deal impasse widens
Both sides have given up ground in the “Fiscal Cliff” negotiations in Washington, but the surprise tactic of the Republicans to put forth a “Plan B” has suddenly thrown the whole deal into doubt. Republican House Speaker John Boehner essentially … Continue reading
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Some Christmas joy: “We three kings” on ice
The Piano Guys in New York City. See a direct link here.
Fed has no good exit strategy
Many are skeptical that the economy can improve at such a rapid clip and are questioning what his assumptions are based upon. John Mauldin of Mauldin Economics and author of The End Game, is also skeptical and joins The Daily … Continue reading