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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 19, 2013
Cash for pounds?
Obesity is not just a personal issue. At today’s unprecedented levels, it is one of our largest societal problems and it costs us all through decreased productivity and resource efficiency along with exponential and unnecessary financial costs for decades to … Continue reading
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Strong US dollar and increased currency volatility hurting earnings
A stronger U.S. dollar is providing a serious headwind to earnings and that is likely to intensify over at least the remainder of 2013. This makes US stocks at peak valuations unattractive for investment. “We’re seeing a lot of high-level … Continue reading
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