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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 15, 2015
Chinese growth weakening amid debt bubble
Today we have ‘official’ reports that in Q1, China’s economy (the world’s second largest) slowed to a 7% annualized growth rate from Q1 2014, down more than 50% from its 14.2% peak rate in 2oo7, and the slowest year over … Continue reading
This oil downturn different than others
Supply options are far wider today than in previous oil price declines, and this time, consumers are saving and paying debt, not spending fuel savings on other consumption. The Conference Board Chief Economist Bart Van Ark discusses the impact of … Continue reading
Poor diet begins cardiovascular disease in childhood
New research shows that children and teens on plant-based diets dropped weight and had improved blood pressure and cholesterol. When the Cleveland Clinic tested vegan diets on kids, it lowered their heart disease risk. But, a lot of teens who … Continue reading