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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 18, 2014
Faber: “Fed policies have been a catastrophe” compounding inequality
Faber, editor of the “Gloom, Boom & Doom Report,”believes that rising American inequality is a result of the Fed’s actions”. He also explains that repeated Fed intervention has led to higher inflation in necessities like housing and oil which further … Continue reading
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Extreme income inequality socially destabilizing
A recent AP/Equilar study found that chief executives now make about 257 times the average worker’s salary, up sharply from 181 times in 2009. Extreme forms of inequality achieved by huge jumps in income for the world’s highest-paid are becoming … Continue reading
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Katsuyama sees HFT changes coming
Following yesterday’s Senate hearings on High Frequency Trading (HFT) and conflicts of interest in the current broker/exchange payment structures, IEX Group president & CEO Brad Katsuyama shares his experience and impression of probable outcomes. Here is a direct video link.
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