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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 20, 2017
The cost of pushing assets up
Important points covered in this segment. “Fed up” author, and former Dallas Fed insider, Danielle Dimartino Booth explains the harm done by central bank policies that have incented mal-investment for individuals and corporations, leaving households and the economy weakened and … Continue reading
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Well earned trouble ‘Down Under’
Australia is a beautiful country full of great people now entering the payback period for a decade of financially suicidal decisions. Et tu, Canada? See Avocado Toast looks a better bet than Australian housing: Some are waking up to the … Continue reading
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Oil breaking bad (some more)
West Texas Crude is down another 2% so far this morning, back to levels seen last in November 2016. The song remains the same: slow global demand and gushing supply all over the planet. Data on Friday showed a record … Continue reading
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