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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: February 12, 2014
With monetary “easing” like QE who needs tightening?
All the talk, talk, talk, about Central Banks “saving” the economy and consumers getting stronger and “taper isn’t tighter”…one might easily get the impression that consumer spending constraints have been loosening the past year. And yet incomes have continued to … Continue reading
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Perspective on global income
Based on our own peer group we tend to have a limited perspective on the reality of global wealth dispersion. Some stats from World Bank economist Branko Milanovic’s book “The Haves and Have-Nots” offer some perspective on the world’s 7+ … Continue reading
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