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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 26, 2016
Automakers succumbing to physics and going electric
“…we are witnessing the start of a new (but long overdue) trend this year. The few established automakers still pushing fuel cell hydrogen vehicles appear to be warming up to battery-powered electric vehicles instead. Honda, Toyota and Hyundai, arguably the automakers most stuck … Continue reading
Varoufakis updates on the ongoing financial crisis
Former Finance Minister of Greece Yanis Varoufakis was teaching economics at the University of Texas at Austin when he was elected to Greek parliament by a landslide vote in January 2015. In his book, And the Weak Suffer What They … Continue reading
Monopolized power exacerbating extreme inequality
Want a strong, merit-based, evolving, vibrant economy that can expand and support a thriving middle class? Stop using government powers to enable a few to cheat and take unfair advantage at the expense of everyone else. Columbia University Professor of … Continue reading