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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 7, 2015
Texas city opts for 100% renewable energy–to save money
Georgetown, Texas has voted to be powered 100% by wind and solar energy. Not to be green, but to spend less money. In the cash-scarce, debt-filled, slower growth world that is ours after the credit bust–getting more for less is … Continue reading
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Bill Black must read: “we send teachers to prison…why not bankers?”
A recent article from financial fraud expert Bill Black, underlines the systemic inequality that has afforded bankers near-perfect immunity from fraud prosecution over the past decade: The New York Times ran the story on April Fools’ Day of a jury … Continue reading
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Insiders continue to cash out
The insider pump and dump has been epic this cycle… The insider selling ratio is “Off The Charts.” Here is a direct video link.
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