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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 15, 2014
Stark facts on the nonsense of “too big to fail” safeguards
Today Senator Elizabeth Warren pointed out Chairwoman Yellen’s nonsensical assurances that ‘too big to fail’ tax-payer-backed banks have been reigned within manageable risk limits. Au contraire… Here is a direct video link. Glass Steagall-like break ups remain the only reasonable … Continue reading
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TSX: Back to the past
Here we are July 2014 and as shown below, the Canadian TSX has manged to get “Back to the past” now within a stone’s throw of the level it last reached 6 years ago at the commodities cycle peak in … Continue reading
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Overcoming the student debt problem
When I was in secondary school, I knew that there was no family funding for my university studies. This helped me to become very focused. I maintained a couple of part-time jobs and began taking senior year credits in my … Continue reading
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