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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 22, 2015
Sugar drug freely administered to kids daily
Ever noticed how many people are walking around with sugary drinks in their hands? The picture below gives a sense of the sugar drug being consumed in each. Then there are all the sugar-heavy coffee concoctions people are hooked on … Continue reading
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Are IPO’s for suckers? Of course!
Initial Public Offerings (IPO’s) are for insiders and early investors who bought low to cash out by selling high to the retail crowd while the brokers make eye-watering commissions in the process. Tom Keene’s comments here that this is “a … Continue reading
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Financial suicide: enriching and protecting felons
It is quite simple: punish actors not faceless corporations and follow the chain of command up to the highest paid executives and their legal and accounting advisers. We did this following financial fraud epidemics in the 1930’s, 1980’s and to … Continue reading
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