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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 3, 2013
What lurks under China’s manufacturing data
With official and private factory data telling different stories about China’s economic momentum, the sub-indexes may provide a clearer – and bleaker – assessment of where the economy is headed. Here is a direct video link. In a related story, … Continue reading
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