Follow
____________________________
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: November 17, 2014
China’s bad loans jump most since 2005
As property values decline, and economic demand slows, cash flow quickly becomes insufficient to maintain debt payments and loans default. We saw a similar surge in bad loans heading into the 2007 debt crisis… Another red flag from China as … Continue reading
Posted in Main Page
Comments Off on China’s bad loans jump most since 2005
15 years of reckless financial policies and counting
Yesterday Japan reported that its gross domestic product fell an annualized 1.6% in the third quarter, far worse than economists’ estimates of 2.3% growth, and throwing the country into its third recession since 2011. Of course, in perennially optimistic form, … Continue reading
Posted in Main Page
Comments Off on 15 years of reckless financial policies and counting
;
