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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 20, 2015
Banks exerting even more unhealthy power and influence today
Author Nomi Prins of “All the Presidents’ Bankers: The Hidden Alliances that Drive American Power” describes the economy. Here is a direct video link. “I don’t even like to think of it as a revolving door between Washington and Wall … Continue reading
Don’t need rising rates for lower home prices- rising age may be enough
This spring we are noticing a pattern: high-end housing is going up for sale. In clusters all around us. On our short lake front street in an old, established end of the city, there are now 9 properties for sale … Continue reading
Another critical reason to use renewable energies: water preservation
One of the silliest things that people are saying today is that renewable energy sources are only for electricity not transportation. Or that electric vehicles don’t help because they are plugging into conventional energy grids powered from coal and other … Continue reading