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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.
Monthly Archives: November 2016
Trump and Clinton, same self-serving conflicts
No human can serve two masters equally, and even if they could, to be an effective leader one must steer clear of all appearance of conflicts. Trump is not making the grade, and so far he is saying no one … Continue reading
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Canadian stocks party like it’s 2008!
Unfortunately financial conditions are worse than 2008 today: the world has a lot more debt now than then at every level, the population is older, productivity is weaker, wages are flat, consumption is falling and corporate revenue and profits have … Continue reading
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Trump wants to add debt in order to try and revive the coal industry?
Now that would be a bad business decision. The rest of the world already understands this. The federal Liberal government announced it will be phasing-out coal from electrical generation by the year 2030 —making 90 per cent of Canada’s power … Continue reading
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