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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 10, 2018
Home-equity gutting: nightmare on main street continues
Paid-for-homes are a refuge of peace and shelter. Homes continually gutted of equity are financial calamities waiting to happen. Central bank-inspired speculation has wrought another nightmare on main street. See: Home equity hits record high and here’s how homeowners are … Continue reading
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