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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: January 28, 2015
Banksters have a problem in Greece
The new Greek finance minister has a PHD in mathematics. He can follow the numbers, he knows they make no sense, and he means to put a stop to the madness. See: Greece’s finance minister is no extremist. Here is … Continue reading
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Loss to S&P earnings worst since 2008 financial crisis
A strengthening US dollar is a headwind for S&P 500 earnings, but an even more significant shock is the evaporation in the price of oil the past 7 months: every dollar drop in energy sector earnings expectations is not being … Continue reading
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Danielle on The Financial Survival Network
Danielle was a guest today with Kerry Lutz on The Financial Survival Network talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here.
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