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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.
Monthly Archives: December 2012
Ken Rogoff explains why “we can’t live on stimulus forever’
Harvard economics professor and debt cycle historian Ken Rogoff discusses the fiscal cliff negotiations and the global economy. Here is a direct link to his full 23 minute segment on Charlie Rose last night. The below clip is a short … Continue reading
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No santa for the cycle leaders?
There is no question that low volume trading has ramped the broad markets again the past two months. The fact that cycle leaders like the resource-focused Canadian Venture Exchange and Shanghai Composite have not joined in on the party, should … Continue reading
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Bob Shiller: “Don’t await housing boom”
It’s still too soon to call a bottom in housing, much less the start of a boom, says Yale University economist Robert Shiller. Here is a direct link.
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