Sri Kumar, founder and president at Sri-Kumar Global Strategies, examines comments from Federal Reserve Chairman Janet Yellen on interest rates and modest growth for the United States, why he believes the Fed will be better off ending quantitative easing sooner than later and how current conditions mirror risks prior to the financial crisis. Here is a direct video link.
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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.
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