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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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Danielle’s Book
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“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Monthly Archives: August 2017
Countries can be entirely powered by wind, solar and water
This is what smart plans look like. A new scientific road map shows how over 70% of the world’s countries – including the UK, US, China and other major economies – could run entirely on energy created by wind, water … Continue reading
Rampant self-dealing and financial conflicts undermining the rule of law
This is not capitalism or a meritocracy it is how democracy is undone and civil wars born to force change. Rachel Maddow explains how Donald Trump’s Special Adviser on Regulator Reform oversaw a part of the market that ultimately benefited … Continue reading
Many Canadians spending too much on housing
Good graphic below with some troubling data. CMHC suggests that housing should not constitute more than 30% of a household’s monthly income. Spending much more on shelter, leaves little room for other necessities like saving for retirement and children’s education. … Continue reading