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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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Daily Archives: June 17, 2016
Breaking old models needed to release stronger growth
Countries having their own free floating currencies has always been a critical part of restoring competitiveness, and re-balancing capital flows and economies in the world. But bankers and multi-national corporations that focus on incessantly increasing their scale, prefer more integration, … Continue reading
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