Follow
____________________________
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.
Monthly Archives: November 2013
Relentless rally chasing bears to near extinction
David Rosenberg turned bullish in the past year as his firm searches for a buyer now that assets under admin have recovered from their 2008 losses (also see: David Rosenberg turns bullish, earns $3.1m). Hugh Hendry capitulated last week and … Continue reading
Posted in Main Page
Comments Off on Relentless rally chasing bears to near extinction
New wave of loan losses hitting at a bad time for banks
“A new wave of problems could be approaching the mortgage industry. U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the housing bubble, and that could be another hit for the banks.” Here … Continue reading
Posted in Main Page
Comments Off on New wave of loan losses hitting at a bad time for banks
Big black holes in the bullish case
Bubble television is rolling out all the usual bull artifacts to justify why stocks keep going up: Abbey Joseph Cohen (Ms. tech stocks for the long-run of 1999 and commodity stocks for the long run of 2008) and Warren Buffet … Continue reading
Posted in Main Page
Comments Off on Big black holes in the bullish case
;
