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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 5, 2015
ECB guns for inflation or bust (further bust)
Unfortunately we already have the bust part of their handiwork…pretty much worldwide. ECB head Mario Draghi is your typical ex-Goldman, deluded banker, consumed by a God complex that prevents him from admitting the failed policies and mistakes of he and … Continue reading
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Why cheap oil doesn’t stop the drilling
Here is a direct video link.
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Rigs down, jobs down, energy production up, inventory overflowing
The commodities boom, followed by the QE liquidity boom, gushed capital at the oil and gas sector over the past decade. Technological advances have been huge and production has skyrocketed. That’s good news for supply. But it’s bad news for … Continue reading
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