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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: December 10, 2013
Increased regulation leaves less room for bank profits
Good discussion and good charts on the bank index reminding that even after an incredible rally the past 2 years paid for by central banks, the US bank share index has just retraced half of shareholder losses in 2007-09. Graham … Continue reading
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Volcker–for better and worse
Today we have the vote finally to implement the long delayed “Volcker Rule” to reign in proprietary double-dealing trading at big banks. The wording just last week morphed into a tougher stance with an outright ban on the nebulous “portfolio … Continue reading
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