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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: May 11, 2015
The high cost of low price
This film focuses on Wal-mart, but the themes extend to multinational conglomerates generally and help to explain why local spending has increasingly been funneled out of local communities and into offshore jobs and shareholders. We have all been part of … Continue reading
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That Film About Money
This short film is a good summary of the banking system today. Reckless leverage in the financial sector, encouraged by government guarantees and reflated by QE, has created the financial monster now eating us. Here is a direct video link … Continue reading
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Making finance serve society
Further to my post on Friday of the video of Brooksley Born and Anat Admati‘s remarks at the Finance and Society conference in Washington last week, Anat Admati sent me a link to the text of her talk on the … Continue reading
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