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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: July 2, 2013
Canadian households deeply in debt has doubled in past decade
The percentage of Canadian households that have fallen into debt of more than 250 percent of gross income has doubled during the past ten years. Here is a direct link.
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Educating Rita
Yesterday on Canada Day I shared my all time favorite film with my daughter. It has been many years since I last saw Educating Rita, but I have to say that it stands the test of time brilliantly. I was … Continue reading
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Bank risks as Fed backs off QE
Former Federal Deposit Insurance Corp. Chairman Sheila Bair talks about financial regulation and U.S. banks’ exposure to an increase in interest rates. Bair, now a senior adviser to the Pew Charitable TrustsHere is a direct link.
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