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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 17, 2015
Elizabeth Warren on the need for 1930’s style banking overhaul today
The 2015 Minsky Conference was held in Washington this week to consider among other issues, the design, flaws, and current status of the Dodd-Frank Wall Street Reform Act, including implementation of the operating procedures necessary to curtail systemic risk and … Continue reading
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Separating paid promotion from professional opinion is necessary for integrity
A very harmful development over the past few years that has helped financial sales firms crowd out prudent, objective advice and economic assessments has been, not only the revolving door between governments, regulators and finance executives (as discussed here this … Continue reading
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Greece edges toward truth once more
“If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem”. –J. Paul Getty And when banks and other lenders have recklessly advanced 100’s of billions to book the appearance of … Continue reading
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