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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 12, 2015
Ultrasound may treat Alzheimer’s and brain cancers
A new study shows promises in improving memory in mice and it could lead to new treatment of Alzheimer’s. Here is a direct video link. For more also see: Ultrasound therapies target brain cancers and Alzheimer’s disease
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Abrupt reversal of fortunes hitting energy patch
About 25 workers sub-contracted by Pacer Promec Energy Corporation (PPEC) to work at Canadian Natural Resources Limited’s (CNRL) Horizon site located about 160 kilometres north of Fort McMurray were stranded Wednesday, a day after they were laid off. PPEC told … Continue reading
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Highest oil inventory ever seen
Here is a direct video link. “…this spring, as tanks reach their limits, oil prices will again nosedive, potentially all the way to $20 a barrel. With no place to store crude, producers and trading companies would likely have to … Continue reading
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