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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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Monthly Archives: September 2016
Senator Warren examines Wells CEO John Stumpf
Another day, another Senate hearing into revolting, illegal and financially destructive activities at a too-big-to govern bank, where executives extracted hundreds of millions for years while keeping their jobs and perks, while customers and low-level employees paid the price. Unlike … Continue reading
Salesman standard working for Trump?
Dishonesty and hiding information are major themes of this year’s US presidential contest, with both leading candidates apparently adept at deception. Still in this contest of liars, it seems Clinton–the career politician is scrutinized more than Trump–the career salesman. According … Continue reading
Ten things the Senate must ask Wells Fargo CEO today
Today Wells Fargo CEO John Stompf is appearing before the Senate Banking Committee to answer questions on widespread fraud at many of the bank’s branches where over 5000 employees have now been fired for opening fake accounts and credit applications … Continue reading