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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: June 8, 2016
Happy World Ocean Day
Join Jack Johnson and many others around the world who are riding the Wave For Change! Take the #WaveforChange challenge and take action for the ocean by recording a video of yourself making a promise and doing the wave. Maybe … Continue reading
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World Bank cuts growth forecast (again) to lowest since 2008
The World Bank slashed its 2016 global growth forecast on Wednesday (for 5th consecutive year) to 2.4% from the 2.9% estimated in January due to stubbornly low commodity prices, sluggish demand in advanced economies, weak trade and diminishing capital flows. … Continue reading
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The future of banking: losses on ‘investors’ not taxpayers
Keynote speech by Sir Paul Tucker, Chair of the Systemic Risk Council, Fellow at the Harvard Kennedy School and former Deputy Governor of the Bank of England: “Solving the too big to fail problem is a necessary precondition to starting … Continue reading
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