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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 31, 2014
Sifting through numerical manure
Good piece from Tony Sagami yesterday looking at the miraculously revised 5% GDP growth estimate conjured this week out of lower spending 0n imports, capex and durable goods. See: Q3 GDP jumps 5%. Ha! The crap behind the numbers. “I … Continue reading
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