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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: August 13, 2013
800 mph solar powered hyperloop
Naysayers be damned: more status quo disruption and forward thinking from Elon Musk. This is the kind of innovation that can take America and the world back to a sustainable model of existence. A zero-emission, solar powered (free energy) rapid … Continue reading
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Retail sales soft, but not bad enough to take taper off the table
With fiscal drag (not stimulus) in 2013, and no new monetary magic planned, the economic growth forecast by many over the next 12-24 months is dependent on a hand off to the real economy. But without wage growth to support … Continue reading
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