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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 23, 2015
No quick fix to save oil prices this time
After a short-lived rebound in energy shares between January and February, the energy sector index (XEG) remains down 35% from its June 2014 high. Interim bounces notwithstanding, it is likely that energy shares have further to fall as investors lose … Continue reading
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Canadian economy looking recessionary
2015 is off to a weak start in Canada: both manufacturing and retail sales fell 1.7% in January while exports fell 2.8%–so far a much weaker loonie is not having the boosting effect that bulls had forecast. The Bank of … Continue reading
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Invisible solar cells to harvest free energy everywhere
Skyscrapers, windows, lap tops, phone screens, car windows, the world is full of solar panels waiting to be utilized. Free, clean energy everyday; ours for the taking. Mass scale solar is world changing. The most important evolution since the wheel. … Continue reading
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