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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 23, 2013
Whose cash is trash?
As asset markets have soared into bubbledom again the past couple of years, the usual risk-selling crowd has been hard at mocking anyone for holding onto some cash. “Cash is trash; with interest rates low, you have no choice but … Continue reading
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Electric cars equal savings for cash-strapped consumers
Few people care enough about fossil fuel harm to actually buy an electric car. But once the masses see that electric cars are affordable and can bring them large monthly savings over gas, demand is certain to spread. Steep discounts … Continue reading
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