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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 23, 2015
The Economist: world’s most over-valued housing in Canada
“The Economist tracks the health of housing in 26 markets around the world, encompassing a population of over 3 billion…The Economist’s housing index compares the path of house prices against two measures: rents and income. If house prices rapidly outpace … Continue reading
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April manufacturing data disappoints all around the world
We can thank modern globalization for synchronous downturns. But then again, who needs a real economy or growth anywhere when financial riggers have HFT, free money and government support and underwriting at their beck and call. See: We just got … Continue reading
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The farce of yesterday’s ‘spoofing’ arrest
The arrest yesterday of one lone HFT guy in Britain underlines just how farcical the rigged casino, formerly known as public markets has become. Perfect for show of crack down, without any industry bite, Mr. Sarao is a safe target … Continue reading
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