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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: December 15, 2014
Warren on Citigroup’s death grip on American democracy
Senator Elizabeth Warren spoke on the floor of the Senate on Dec. 12, 2014 about the provision that Citigroup added to the omnibus budget package. Here is a direct video link.
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Oil limbo continues: how low and long can it go?
As the talking heads are all doing their usual–confirming a downtrend that has already been progressing for many months–the next consensus view is that the downturn in oil prices will be short-lived. This long term view of WTIC since 1985 … Continue reading
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How the NFL leaves players broken–and broke
In a world preoccupied with ‘getting money’, far too little is understood about the high incidence of losing it once obtained. A new book discusses the reality in the context of Football players, but there are lessons here for everyone: … Continue reading
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