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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: March 19, 2013
Cathartic cartoons
At least some cartoon artists are prepared to acknowledge the reality of the “Too big to jail” and corporate welfare system that governments and Central banks are charging to the tab of us taxpayers.
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Cyprus Tax: “Blowing capitalism’s brains out”
The latest Cyprus “deposit tax” fiasco is just the next step in 5 years of wrong-headed global policy moves which have continually moved to preserve and support private investors (bond and stockholders) in bankrupt financial institutions at the expense of … Continue reading
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