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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 24, 2018
OECD’s Bill White warns of central bank ‘debt trap’
Bill White is the former chief economist for the Bank of International Settlements (the international board of central bank heads), and he’s now head of the OCED review board. His message at Davos this week is rare sobriety amid liquidity-drunk, … Continue reading
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