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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: March 4, 2015
Where to put it all? oil production to rise 25% in 2015
The U.S. is pumping oil faster than at any time since 1972, and storage tanks are getting filled to the brim. U.S. oil production rose for the fourth consecutive week, to a rate of 9.3 million barrels a day, even … Continue reading
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Cheap for a reason: toxic wood flooring
60 Minutes found that Lumber Liquidators’ Chinese-made laminate flooring contains amounts of toxic formaldehyde that may not meet health and safety standards. Here is a direct video link.
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The storm after the storm
More dishonest tricks at financial conglomerates… 60 Minutes investigates allegations that thousands of homeowners were denied their flood insurance claims after Hurricane Sandy because of fraudulent engineers’ reports. Here is a direct video link.
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