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Cory’s Chart Corner
Headline chasing algos need to do deeper dives...
h/t @hussmanjpJohn P. Hussman, Ph.D. @hussmanjpy'all realize the UK is only about 3% of U.S. trade, the U.S. already runs a surplus there, and the 10% U.S. tariffs will stay, right?
keep in mind that studies indicate U.S. consumers shoulder the majority of tariff incidence, with minor incidence to foreign countries____________________________
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Daily Archives: April 4, 2016
Global tax evasion network revealed
Yesterday, more than a hundred media outlets around the world, coordinated by the Washington, DC-based International Consortium of Investigative Journalists, released stories on the Panama Papers, a collection of leaked documents exposing a widespread system of global tax evasion used … Continue reading
FRONTLINE: Saudi Arabia uncovered
Saudi Arabia is America’s second largest source of foreign oil behind Canada. Less understood perhaps, is that Canada itself spends some $26 billion a year importing oil from other countries and some $8 billion of that comes from middle east … Continue reading
All hands on deck for electric cars
Here’s a novel business idea for driving strong growth in an aging, heavily indebted world: build a product that lowers the financial burden of transportation and climate change. Since March 31, Tesla Motors says reservations from Model 3 surpass 276,000: … Continue reading