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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 30, 2013
Danielle on the Financial Survival Network
Danielle was a guest today on the Financial Survival Network with Kerry Lutz discussing recent trends in the world economy and markets. You can listen to an audio clip of the segment here.
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Japan heading back to recession despite all the Abenomics hype?
Even before Japan can stage a convincing growth rebound, fears are already building over a sharp slowdown in the world’s third largest economy. Economic indicators published on Tuesday including weaker-than-expected industrial production and household spending for June, highlighted the fragility … Continue reading
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More debt growth is the wrong kind of growth
BOE beware: recent UK growth is the wrong type of growth. Here is a direct link to worthwhile discussion.
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