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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 13, 2015
Precious metals still deflating
Gold is heading for the longest slump in 17 years. Here is a direct video link.
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How low can crude go?
Today with the US dollar Index breaking through 100 (as we thought likely) for the first time since 2000, commodity prices are back in the melt seat. This clip offers a good discussion of what happened to the confident forecasts … Continue reading
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Loonie supernova
When the world was mad for commodities, Canada was heralded a shining star on the global stage. Our currency soared and our Central Bank head was courted (and drafted by the UK!) like an Allstar athlete. That was then. Turns … Continue reading
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