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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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Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Monthly Archives: August 2016
Ney: climate change will continue to devalue coastal real estate
The most highly valued realty in the world is built along continental coasts, and climate change will continue to devalue and erode it; believe it or not. The Science Guy himself Bill Nye was brought in to CNN’s New Day … Continue reading
Ecology trumps human constructs
At the age of 80, David Suzuki admits we’ve won some battles in the fight against climate change, but so far, we’ve lost the war. Still, the Canadian scientist and environmental activist says it’s not too late. In an interview … Continue reading
Big oil going down in a blaze of debt
The world’s largest fossil fuel companies, Exxon Shell, BP and Chevron have more than doubled their debt levels since oil prices turned down in 2014. Unfortunately they have not borrowed to proactively reinvent themselves into cutting edge energy companies focused … Continue reading