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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: May 12, 2014
Recession calls and the predictable math of market valuations
The last 18 months of QE-goosed/HFT-abused/insider-trading, wild west, bubbling asset markets have been hard on those using logic, math and historical comparatives to assess likely price moves. The Economic Cycle Research Institute (ECRI) is one of those in the hot … Continue reading
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