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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: April 2, 2015
A quest to bring the ‘Woman in Gold’ home
The Woman in Gold opens in the US this week. The story is a remarkable one. Here is the painting. The new movie Woman in Gold tells the true story of Maria Altmann, … Continue reading
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Prins on the revolving door between Washington and Wall Street
Nomi Prins, author of “All the Presidents’ Bankers” on the revolving door between Washington and Wall Street and why it has gotten more dangerous for our economic health. Here is a direct video link.
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CBC looks at Canada’s “Condo Game”
This CBC report aired in November 2014 (hat tip Ben Rabidoux) when West Texas Crude was still $80/barrel and most Canadians had no idea of the financial stress about to hit the economy. Over-valued real estate, over-indebted households and companies, … Continue reading
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