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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.
Monthly Archives: June 2014
No shocker here: “Barclays provided huge advantage to HFT traders”
Finally some honest assessments of the dark pool, HFT, brokers-selling-client-trust cesspool that has been widely prevalent the past few years. Such a relief to hear the AG characterize fraud as fraud at last. Also it is encouraging to have the … Continue reading
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Keeping a grip on guide ropes to survive a Fed-made blizzard
So US GDP contracted at a 2.9% annualized real rate in Q1 2014, a full 3% lower than had been originally guesstimated in April, as spending fell across pretty much every component of consumer, business, government and net exports. (Although, … Continue reading
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US economy contracts most since last recession
Third read on Q1 US GDP comes in this morning at -2.9% on lowered personal consumption, corporate profits and investment. All [unexpected] of course. Now we will hear from the multitude of talking heads who, did not see this coming … Continue reading
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