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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 18, 2018
‘This time is different’ and the same old speculative fever
Economist David McWilliams has a rare command of historical context, the independence to speak freely, and an Irish gift for storytelling. His recent article: Four very expensive words ‘This time is different’, is worth reading. Here are a few highlights: … Continue reading
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Financial criminals continue to profit from fraud and theft with no jail time
A lawsuit filed this week by The Fire and Police Pension Association of Colorado alleges that Canada’s six biggest banks and three foreign lenders conspired to manipulate a key Canadian benchmark rate, CDOR (Canadian Dealer Offered Rate), to extract “illegitimate … Continue reading
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