Cory’s Chart Corner
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Daily Archives: October 7, 2015
As we discussed in Further thoughts on the emissions Scandal, the VW fraud is of epic proportions and will have compounded costs over at least several quarters for the company and Germany’s (therefore Europe’s) leading sector. See, New VW CEO: … Continue reading
Weakening economic data continues to undermine the case for a 2015 US rate hike (despite naive hopes of the Fed). The U$ rally (underway since 2008) has responded with consolidation over the past couple of weeks. This on top of … Continue reading
Some good big picture in this clip. Former U.S. Treasury Secretary Lawrence Summers discusses risks from emerging markets and the changing nature of China’s economy. Here is a direct video link.