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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 7, 2013
The moral debate on banking
“Five years since the financial crisis and not one individual has been prosecuted. But can we really lay all the blame on bankers or were they just the pawns of a system society created? John Authers, senior investment columnist, reports … Continue reading
Renewable energies on the rise
Windsor Castle is powered by a water turbine, while the roof of Blackfriars station is covered by solar panels. Here is a direct video link. Yes renewable energy requires long-term investment and government assistance to get established. But all of … Continue reading
A tropical debt crisis
The global debt crisis is ubiquitous: debt is plentiful and customers in short supply all over. “The Caribbean is going through its toughest time since independence, with many of the islands struggling with huge debt and a weak economy.” Here … Continue reading