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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: April 13, 2015
Mick Fleetwood talks to the CBC
‘Rumours’ (1977) being of course, one of the most brilliant and enduring albums of all time. Mick Fleetwood talked to CBC about his recent memoir and new album. Fleetwood Mac has long been associated with chaos and change, but for … Continue reading
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Alberta housing: hot to cold with falling oil
Alberta’s real estate market has been in a boom for years. Prices surging along with oil’s value. But its decline is now having a real impact on sales. Supply is way up, unlike anything seen for years. And while there … Continue reading
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Stocks swirling in Fed’s tornado of reckless endangerment
At 27.6 the Crestmont price to earnings ratio for the S&P 500 is 98% above its historical average (arithmetic mean), putting current stock valuations at the 98th percentile of this 140 years+ series, second only to the tech wreck top … Continue reading
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