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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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Monthly Archives: July 2017
Smart: Mercedes pulls out of DTM race series to focus on Formula E
Pennies are dropping every week now, that the future of transport is electric. It’s smart to embrace the opportunity and enormous full-cost savings this will bring to households, businesses and governments. Kicking fossil fuels is about improving our health and … Continue reading
Deeply flawed economic models need to change
Good discussion here on economic reality. One caveat: when asset managers speak of moving capital from Europe and China to US stocks and ‘more conservative’ sectors as defensive in bear markets, they mean they hope and expect that US equities … Continue reading
Exchanges and fundcos still selling investor trust to trading Piranhas
An update on our broken markets… Brad Katsuyama, CEO of IEX, the company that was the focus of Michael Lewis’s best-selling book “Flash Boys,” talks to MarketWatch about the overlooked dangers to investors that U.S. stock exchanges pose. Here is … Continue reading