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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 13, 2014
Consumers not bouncing back with warm weather
This morning the Advance US April retail sales report disappointed bulls with a flat 0.1% month-over-month read, down from 1.5% in March. Core Retail Sales (ex Autos) was 0.0% in April, down from 1.0% in March. Over all the trend … Continue reading
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Bill Black peels back the sales puff around Tiny Tim
Bill Black is one of the rare good guys: someone who knows all about the inner workings of financial firms and their crimes but who cannot be bought by them and has been in the trenches fighting for lawfulness and … Continue reading
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