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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: May 2, 2013
London welcomes bankers with lax rules and free passes
While plenty of client entertainment takes place on Wall Street, traders and brokers say such activity is even more prevalent in London. “In the U.S., the Financial Industry Regulatory Authority, a Wall Street self-regulatory organization, imposes a limit of $100 … Continue reading
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The Great Grey Catastrophe
A quirky visual presentation reminding of the ticking demographic bomb facing Europe (and China, Japan and the UK and to a lesser but still significant degree, North America). Here is a direct link.
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