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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
Monthly Archives: January 2017
Six Volkswagen executives indicted for dieselgate fraud–at last
Volkswagen admits massive fraud, says it’s sorry and pays a fine. Now prosecution turns to the directing minds of the fraud, at long last. This era of criminal actors being allowed to keep their profits and hide behind their corporations, … Continue reading
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Note to The Donald: what goes up, also comes down
Dear President-elect, the trouble with claiming responsibility for an expanding economy and rising stock market, is that people will also blame you when they tank. And tank they will inevitably; especially when like now, prices have risen for an extended … Continue reading
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Watching the Trump bump for signs it may dump
Risk markets have roared since November on hopes of quick fiscal stimulus courtesy of Trump & co and high frequency traders gunning for light-speed. We note that Canada elected our new government more than a year ago on similar promises … Continue reading
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