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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 30, 2015
Mission accomplished: retail crowd sucked back in
It took years of focused effort to seduce retail investors back into harm’s way. They were hurt so badly in 2000-02 and 2007-09, it was hard to get them back. But now, finally, after 6 long years of pumping and … Continue reading
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Millennials post slowest birth rate in US history
‘Millennials’ is the term for the cohort of people now age 18 to 34. There will be 75.3 million American millennials in 2015, compared with 74.9 million baby boomers between ages 51 to 69. In terms of economic impact, it … Continue reading
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