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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: June 1, 2013
Bridging to the future
For the past 5 years I have espoused a general thesis that in a post credit bubble world there is less money–less money to waste on non-essentials, less money to spend on essentials, less money to export to other countries. … Continue reading
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