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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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Monthly Archives: August 2014
Japan flounders afresh, endless stimulus schemes a bust
Word to central planners everywhere: the path to sustainable economic growth is not ‘get rich quick schemes’, more debt and monetary tricks. The solution is found in equitable societies governed by the rule of law, equal opportunity and strong households … Continue reading
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James Cameron on his latest film: Deepsea Challenge 3-D.
Just caught this segment on a replay last night. Understanding the oceans as critical life support for our planet is long-overdue. Here is a direct video link.
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“Equal and opposite move” likely to follow QE
Oops, CNBC is unlikely to be asking Abby back…(note the moans of the host at the end of the clip when she lays out the potential downside)…good for a giggle. “Unfortunately, I think it could come on a crash similar … Continue reading
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