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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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Monthly Archives: July 2016
High debt and high realty prices: an Italian study
This story is a cautionary tale of how romantic ideas go bust on the rocks of too much borrowed money, and the high realty prices it enables. See: How a Tuscan business dream became and Italian bad loan nightmare. Footnote: … Continue reading
Hillary Clinton’s war on Wall Street?
I am skeptical in general of both parties and their commitment to make needed reforms to status quo rules. Talk is cheap and lobbyists and big business money runs deep. More than 40 years in politics, the Clintons have a … Continue reading
Ontario needs to enact foreigner buyer tax too
B.C.’s government surprised many observers on Monday by announcing an additional 15 per cent property transfer tax on foreign homebuyers. BMO Capital Markets Chief Economist Doug Porter called the move “entirely justified” amid persistent double-digit home-price gains in the province. … Continue reading