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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 5, 2015
Intergenerational reciprocity: a smart solution back in vogue
The credit bubble enabled different generations to migrate separate and apart. Now that society is heavily indebted, and the debt bubble is mean-reverting, learning to work together to gain more and waste less is part of the healing process. Intergenerational … Continue reading
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PBS: Why Canada’s economy is headed off a cliff
When we think of economic crisis, we think Greece. And maybe, closer to home, the collapse of Lehman Brothers or Florida’s overleveraged housing market. But rarely do our neighbors to the north come immediately to mind. Just back from Canada, … Continue reading
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