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Cory’s Chart Corner
Load MoreMany 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.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
Daily Archives: July 22, 2013
The importance of seeing risk/reward as it is
Oaktree Capital’s Howard Marks on the importance of understanding and accepting that present conditions present a low return environment: “the market is not an accommodating machine,” it cannot just give us what we want or feel we need to earn … Continue reading
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Detroit admits truth: it can’t pay all of its promises
While many individuals, cities, states and some countries, have repeatedly opted to extend and pretend the financial reckoning of too much spending and too little revenue over the past 6 years, Detroit has finally cried uncle. This will be a … Continue reading
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