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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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Monthly Archives: April 2014
Growth falling, stocks way up: what could possibly go wrong?
Here’s a point for pause: not one of 72 economists surveyed by the National Association for Business Economics thinks that the US economy will contract this year. Five years after the last big recession and wipe-out for risk assets (when … Continue reading
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Prins: on the anarchy of finance breaking democracy
The sound quality of this segment is not the best, but the historic insight is worthwhile. Writer and former investment insider Nomi Prins, on the longstanding personal and political ties between Washington and Wall Street that have enabled the concentration … Continue reading
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Warren: “not running for president”
Sen. Elizabeth Warren spoke with USA TODAY outside of the Capitol about her new book, the issues she’s most focused on and whether she’ll run for president. Here is a direct video link.
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