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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 19, 2018
IEA sees “explosive growth” in oil supply
Exploding supply growth and falling demand growth is a full circle to lower prices. OPEC’s fear that another surge of shale oil could neutralize its production cuts might be coming true. U.S. oil output is set for “explosive” growth this … Continue reading
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The fight for net neutrality continues
Selling privileged access and advance information to a few at the expense of the many has been a disaster for the stability and integrity of financial markets. Allowing a few to buy privileged access, and control of information flow on … Continue reading
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