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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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Danielle’s Book
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“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Monthly Archives: January 2017
Admitting objective facts critical for democracy
Well said. Debunking Trump on inauguration crowd sizes & voter fraud claims, Steve Schmidt invokes George Washington & George Orwell proclaiming the importance of truth in a democracy in just 90 seconds. Here is a direct video link. There is … Continue reading
Slowing Chinese capital exodus reminds of Japanese driven-bust in early ’90’s
All the money the west spent (wasted) buying consumer goods on credit piled up in China between 2001-11 and then flooded back into global property markets since. But after the credit bubble, flows are finite and their slowing signals downside … Continue reading
Addicted to sugar?
“There’s activation in areas of the brain that are similar to what you see with an addiction to a drug abuse.” Diet and addiction expert Nicole Avena says sugar addiction is real and should be treated accordingly. Here is a … Continue reading