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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: September 13, 2016
Debt magic is dead: mean-reversion overdue
The revelation is spreading that monetary policy is exhausted and asset prices are garish against today’s falling growth backdrop. Dalio and Spitznagel’s comments in the below clips are refreshing admissions to hear in mainstream media. (Geithner in the first clip … Continue reading
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The trouble with banking (in 3 headlines)
Further to the news last week that more than 5300 Wells Fargo employees engaged in massive fraud fabricating new applications for credit and customer accounts in order to reach mandated sales targets dictated from head office, we also learned that … Continue reading
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IEA: oil glut to persist through 2017
Matthew Parry, senior oil analyst at IEA, explains what changed the view of the IEA on the surplus in global oil markets and discusses slowing demand in China and record output from OPEC. Here is a direct audio link. Ryan … Continue reading
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