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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: February 21, 2014
“Dismal” US housing trends disappointing the bulls
Existing home sales fell more than 5 percent in January and home builder confidence continues to wane. CNBC’s Diana Olick reports on the “dismal” housing data.Here is a direct video link.
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Global slowdown weighing on commodity currencies
The Aussie dollar may slide toward the low 60 U.S. cent area in 2015, Deutsche Bank AG said in a report this week. Of course, the downtrend has been running now since global manufacturing peaked last in 2011, but recognition … Continue reading
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Danielle in conversation with author Larry Doyle
Today I spoke with former Wall Street trader Larry Doyle about his important new book, “In Bed With Wall Street. The Conspiracy Crippling Our Global Economy. You can order the book on Amazon here. Well worth the read. Here is … Continue reading
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