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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 20, 2014
Zero-commission trading startup reveals truth about business model
For years I have been pointing out that on-line trading platforms are all about the providers making profits off of the gambling impulses of their users. The business model is about capitalizing on addictive behavior and profiting as users bet … Continue reading
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Life in the real world: weak demand
This morning, the world’s largest retailer Wal-Mart confirmed that sales fell for the fourth straight quarter, and net sales growth for 2014 was trailing to the lower end of its previous forecast range. At the same time, Caterpillar–heavy equipment seller … Continue reading
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