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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: January 14, 2016
Canadian oil under $10, how low can it go?
Hitting a low of $8.35 a barrel yesterday (down from $80 2 years ago), Canadian oil producers are losing money at current prices. Yet so far, they are continuing to pump at record levels nonetheless. The spending to extract bitumen … Continue reading
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Renewables jump while fossil fuels dump
The naysayers said renewable energy was a fad that would fade with fossil fuel prices. They were wrong. The energy revolution that makes so much financial and common sense, can no longer be suppressed. See: Solar and wind just did … Continue reading
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