Follow
____________________________
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.
Monthly Archives: April 2018
Record price to sales for developed world stocks
It’s hard to be hyperbolic about the present level of equity valuations. Suffice to acknowledge: the overpricing today is more extreme and pervasive than at the tech fueled market top in 2000. This suggests the correction phase coming should also … Continue reading
Posted in Main Page
Comments Off on Record price to sales for developed world stocks
Our late ‘great’ credit cycle
Over the past decade, record low interest rates and central bank-driven-speculation drove unprecedented global appetite for junky investment assets. As investment-grade yields fell from 5 and 6% to 1 and 2%, most individuals and pensions did not, or could not, … Continue reading
Posted in Main Page
Comments Off on Our late ‘great’ credit cycle
Ed Asner on how free speech and support for free elections cost him in America
Last night we went to see Ed Asner at our local theater in the one man comedy and social message on prostrate screening, “A man and his prostate”. It was funnier than the title may suggest! But most of all, … Continue reading
Posted in Main Page
Comments Off on Ed Asner on how free speech and support for free elections cost him in America
;
