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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 29, 2014
Q1 US GDP second look: -1%
Not to worry, stock-pumpers will be explaining all day why economic growth isn’t needed for equities to continue to climb. Here is a direct video link.
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Stock pickers “good as monkey with a dart board”
Steven Levitt and Stephen Dubner, co-authors of “Think like a Freak”, says stock pickers are “as good as a monkey with a dart board”. Here is a direct video link. Truth-telling like this undermines the entire CNBC business model which … Continue reading
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