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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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Daily Archives: February 9, 2017
The Current: The Lethal History of Viscose Rayon
For well over a century, viscose rayon has been used to make clothes, tires, cellophane and everyday kitchen sponges. It was hailed as a wondrous new product when first introduced — but what most people didn’t know is how deadly … Continue reading
Government capture by corporations: dominant global theme
A few giggles and many lucid points in this article from British commentator, comedian Frankie Boyle. See here: All presidents come into office with something to prove, it’s just rarely their sanity. Here are just two standout paragraphs: I don’t … Continue reading
Fiduciary standard survives another attack
In a world of populist leaders and half-baked 140-character-thoughts, a sober, law and constitution-focused judiciary, is critical in checking abuse of power. Relentless efforts to block the long-delayed fiduciary standard for those giving retirement advice is classic. Inspired by President … Continue reading