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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: July 2, 2014
Miraculous corporate profit trend reversing?
We have noted with some amazement and trepidation over the past 4 years as global growth weakened but corporate profits continued to soar thanks to lowered labor costs following the great recession of 2008 as well as low interest rates … Continue reading
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