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Cory’s Chart Corner
Load MoreHeadline chasing algos need to do deeper dives...
h/t @hussmanjpy'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: September 28, 2017
Kass: Investors learned nothing from history
Self-delusion and wilful blindness, how great thou art. See: Investors Seemingly Learned Nothing from History: “…I am blinded by a sense of history…In our flat, interconnected and networked world, the odds favor less stability over more stability. To this observer … Continue reading
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A world of climate refugees
Someone recently told me that climate harm impacts were not imminent but rather something that would be a problem for future generations. Perhaps this thinking is a coping mechanism. Perhaps it’s a way to avoid making personal changes needed. Either … Continue reading
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The courage to normalize monetary policy
As I have referenced in the past, what’s needed today is not an endless circuit of vapid speeches and tortured transcripts from central bankers posing as magicians, what’s needed is policy leaders with the courage to bring banking rates back … Continue reading
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