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Cory’s Chart Corner
Load MoreMany 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.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
Daily Archives: January 11, 2018
Traders ramp oil prices as Aramco underwriting fees dangle ahead
Oil is bouncing again, with the price of a European Brent barrel passing $70 today–more than doubling since 2014, and WTIC above $64 for the first time in more than three years. Speculators are piling on, spiking volatility and price … Continue reading
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Canada sees the future, ups investment in EV infrastructure
Canada’s Minister of Natural Resources yesterday announced a $120-million investment to expand the network of electric vehicle charging and alternative refueling stations across the nation “to encourage Canadians to reduce their carbon footprint”. Additional benefits will be improved air quality, … Continue reading
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