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Cory’s Chart Corner
Many 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.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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“An explosive critique about the investment industry: provocative and well worth reading.”
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Daily Archives: June 2, 2016
Trump and the power of persuasion
Dilbert creator and “How to Fail at Everything and Still Win Big” author Scott Adams discusses Trump’s powers of persuasion and branding in this clip from May 27, 2016. Here is a direct video link.
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US Auto loan bubble hits $1 trillion
The auto loan bubble has gone full nut bar thanks to broke undisciplined consumers, reckless lending from dumb yield starved investors and willfully blind leaders at central banks. This report is on the US market, but similar antics have dominated … Continue reading
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