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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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Daily Archives: January 4, 2018
Getting young people off on stable start is essential for all of us
I was speaking to an art dealer yesterday who was explaining that art galleries are closing all across North America: “Only wealthy investors are buying art at auction these days, galleries can’t make a go of it. Young people are … Continue reading
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The Current looks at predatory payday lenders
Financial services that prey on the poor and uninformed are undermining social stability everywhere. Just one symptom of the widening wealth gap, payday loan franchises have enjoyed a boom phase over the past decade. This has reduced the ability of … Continue reading
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