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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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Daily Archives: September 7, 2016
The collapse of systemically important Deutsche Bank
All the financial hubris, reckless leverage/derivatives and European trade imbalances of the past decade are reflected in the chart of Germany’s late great Deutsche Bank. From $125 in May 2007, the stock lost 85% of its value to bounce at … Continue reading
The Current: disruption in our modern day Renaissance
Stimulating discussion and historical context for the angst and opportunity of our time. Chris Kutarna’s, Age of Discovery: Navigating the Risks and Rewards of our New Renaissance, takes a look at some of the massive forces disrupting our current age, … Continue reading
Financial amnesia is repeatedly devastating
Excellent article from Robert Jenkins in the Financial Times yesterday that pushes back on the status quo nonsense about banks being healed and time for the rest of us to forgive and forget their crimes. Good grief, how can that … Continue reading