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Cory’s Chart Corner
Many 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.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Daily Archives: July 14, 2014
More “egregious misconduct” from Citigroup: another fine and still no perp walk
Just as the US AG announces a $7 billion dollar fine settlement with Citigroup for another round of illegal, “egregious misconduct”, Citi today announces a flashy earnings “beat”. Executive bonuses are now assured another quarter. Clearly still zero deterrent effect … Continue reading
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A Monday smile on a serious topic
Will Ferrell brings us a Monday smile in this parody of George Bush and the climate change deniers. Here is a direct video link.
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