Follow
____________________________
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.
____________________________
Danielle’s Book
Media Reviews
“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
Toronto SunSubscribe
[email-subscribers-form id="1"]
This Month
Archives
Log In
Daily Archives: June 26, 2013
Shiller: a rare, honest economist, admits what most financial types never will
I disagree with his praise for Bernanke as a savior, as it ignores the reality that Bernanke was a member of the Greenspan-led Fed that helped inflate the very stock and housing market bubbles that he then had to “rescue” … Continue reading
Posted in Main Page
Comments Off on Shiller: a rare, honest economist, admits what most financial types never will
Q1 US GDP revised below 2% and HFTers go wild
US Q1 GDP came in revised to 1.8% from previous dreams estimates of 2.4%. Stock algos are so far roaring out of the gate on the excited expectation that weakening growth and plunging capex and personal consumption expenditures will prompt … Continue reading
Posted in Main Page
Comments Off on Q1 US GDP revised below 2% and HFTers go wild