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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: June 16, 2014
TSX deja vu: once more unto the breach
It is a remarkable deja vu to behold: the Canadian stock market in June 2014 is once more within striking distance of its all time global-debt-fuelled-consumption-commodity-bubble-peak briefly seen 6 long years ago in June 2008. Four short months later, the … Continue reading
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Time to retool the fuel
With WTI today about $107 and Brent about $112, it is fitting to review some basic facts about the unnecessary and crushing economic tax that is oil. The global economy was already slowing before the latest geopolitical tensions ramped fossil … Continue reading
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Cleaner, smarter cities ours to choose
As Elon Musk gives key Tesla patents up for free so that other vehicle developers can leap ahead on zero emission technologies, cleaner air and lower health care costs are all within our reach. Pollution is rarely big news these … Continue reading
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