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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: May 8, 2013
Modern-day Robin Hood: business principles in philanthropy
Billionaire Paul Tudor Jones’ charity – the Robin Hood Foundation — fights poverty with the hardnosed, business sense of Wall Street. Here is a direct link.
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Nikola Tesla: The vision of free energy for human kind
If profit-focused, JP Morgan had not backed out of his financing commitments for Tesla’s vision of “free” power for all, the world would no doubt be much further ahead in sustainable, clean energy production today. Or did Tesla himself quash … Continue reading
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Jeffery Sachs details “mountain of criminal and fraudulent behaviour” in finance today
This is an excellent summary of where we are at. And yes it can seem hopeless to fix. But we must nonetheless. “Since 2008, the United States has missed out on over $4 trillion in National Income from unemployed workers … Continue reading
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