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Cory’s Chart Corner
Load MoreMany 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.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
Daily Archives: October 21, 2016
GE: economic bellwether sees zero revenue growth and more buybacks
General Electric offers insight on where revenue growth can be found today: power and renewable energy. The company managed to report a rise in Q3 profits today thanks largely to strength in this sector of its business. Unfortunately other sectors … Continue reading
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Sri-Kumar: election won’t bring quick change for US economy
Good explanation of the weight holding back economic recovery today in this segment. Productivity comes from investment in efficiency, smart resource management and new innovation, not from excessive asset prices and capital waste. Obvious, and yet, ignored for the last … Continue reading
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