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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 30, 2014
Cyclical risk rotation underway
When the long-always crowd starts switching around their seats (on the equity titanic), it is historically a sign that the great risk-rotation has finally arrived in earnest. The below portrait of the small cap Russell 2000 Index divided by the … Continue reading
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Morning smile reminder: things not always what they appear
A smile this morning courtesy of one of my favorite Irish cousins: A woman was flying from Melbourne to Brisbane …Unexpectedly, the plane was diverted to Sydney. The flight attendant explained that there would be a delay, and if the … Continue reading
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