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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 16, 2018
C-suite pillage continues as pension deficits gap wider worldwide
The bankruptcy of Britian’s largest construction company this week shines more light on the plague of underfunding that has compromised pension promises worldwide. Even after the enormous central bank funded rebound in asset prices to record highs today, Carillion has … Continue reading
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BC case reveals 7 scams that have pumped up Canada’s real estate bubble
A B.C. Supreme Court case that pitted two rich families from China against each other provides grim revelations about the kind of migration, tax, and real-estate scams regularly occurring in Metro Vancouver and beyond. “This case provides unusually candid insight … Continue reading
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