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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 23, 2013
Bad mix: record high prices and record low volume
Those who are mindful of unfavorable capital risk have long since sold incredibly overbought equity markets. Those that remain are wild west traders and those that are either oblivious, or thinking that they can surf the Fed’s liquidity wave and … Continue reading
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Gold for pounds?
Bloomberg chief markets correspondent Scarlet Fu looks at the cost of a gold for fat program in the United States similar to one launched in Dubai to get citizens to lose weight.Here is a direct video link.
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The great dash for trash resumes
This video segment was done on May 13, about a week before Ben Bernanke’s May 22 comments sparked a sudden and violent sell off in all asset markets but particularly acute in income oriented sectors like high yield bonds and … Continue reading
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