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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: March 9, 2015
Shilling on the next leg down in oil
A. Gary Shilling & Co. President Gary Shilling discusses the price of oil on “Bloomberg Surveillance.” Here is a direct video link.
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Flying around the world on solar power
With its wings stretched wide to catch the sun’s energy, a Swiss-made solar-powered aircraft took off from Abu Dhabi just after daybreak Monday in a historic first attempt to fly around the world without a drop of fossil fuel. Here … Continue reading
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BBC documentary: The Great Euro Crisis
As the scotch tape tears around the latest efforts to hold Greece within the Euro this morning, this 2013 BBC documentary reminds us of how the debt cancer came to consume Greece and why the disease has continued to spread … Continue reading
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