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Cory’s Chart Corner
Load MoreHeadline chasing algos need to do deeper dives...
h/t @hussmanjp
y'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
Daily Archives: July 13, 2016
S&P 500 is ‘high’ alright
As the media trumpets a new marginal high for the much rigged and HFT-jigged S&P 500 (in purple below, over the past year), other global stock markets gave up on the QE dream in 2014 and have been trending lower … Continue reading
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Road and Track: on the unsung accomplishments of Tesla
Expert perspective on the accomplishments of Tesla from none other than sober authority Road and Track via columnist and professional race driver, Jack Baruth. Read the whole article here for some important updates about road safety stats and autopilot, Leave … Continue reading
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UK’s new PM says committed to successful Brexit
Later today U.K. Prime Minister David Cameron will head to Buckingham Palace to tender his resignation to the Queen, who will then ask Theresa May to form a government. She is expected to start naming her new ministerial team this … Continue reading
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