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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
Daily Archives: June 8, 2017
Banks still driving policy in Washington
Meanwhile away from the ‘Comey is a liar’ circus, bank lobbyists and politicians are pushing to further ease constraints on cross-selling and speculation in taxpayer-backed financial conglomerates, while a few sober souls are pleading for a desperately needed return to … Continue reading
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Singer: financial system today more levered and fragile than 2008
Billionaire investor Paul Singer said “distorted” monetary and regulatory policies have increased risks for investors almost a decade after the financial crisis. I am very concerned about where we are,” Singer said Wednesday at the Bloomberg Invest New York summit. … Continue reading
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China’s international realty flows slowing
Earth to ‘hot’ realty markets: China’s international realty flows are slowing. In January China enacted new rules preventing its citizens from borrowing the foreign capital allowance of others, and further limiting the uses for which capital can be exchanged to … Continue reading
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