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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 27, 2013
Danielle’s weekly market update
Danielle was a guest today on Talk Digital Network talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here.
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Slowing growth magnifies social unrest
The eruption of anger from thousands of protesters in Turkey and Brazil this past month are the byproduct of a perfect storm of social and economic factors, Michael Casey reports. Here is a direct video link.
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Fed’s mother of all asset bubbles: billowing now in markets near you
Bloomberg’s Scarlet Fu displays the gap between GDP and the Fed fund rate that suggests a coming bubble. Here is a direct video link.
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