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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 19, 2017
Sober facts for another Monday in mad markets
After 50%+ declines in most assets, in March 2009 valuations hit a 12-year cyclical low and central bank easing was finally able to revive some bids and cautious optimism through moribund markets. Risk-blind, long and wrong through the 2007-08 peak … Continue reading
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