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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: November 14, 2014
World economy weakening
Head sales guy for Morgan Stanley gives his bullish spin in this clip (a little comic relief…what else would we expect him to say?). Analysts on the buy side are not so optimistic. “The world economy is in its worst … Continue reading
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Chinese household consumption weakening
Alibaba hype notwithstanding, the much forecast surge in household consumption and away from dependence on western exports and state ‘investment’ in the Chinese economy is not working out as bulls had promised. “Judging by Alibaba’s blowout “Singles Day” sale this … Continue reading
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Danielle’s weekly market update
Danielle was a guest today on Talk Digital Network talking with Jim Goddard about recent trends in the world economy and markets. You can listen to an audio clip of the segment here.
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