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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: July 9, 2018
Nightmare on main street: central banks reaching for yield too
When willfully blind, over-confident central bankers run monetary policy to serve their greed-engrossed-bank owners at all costs, prudence is extinguished and madness ensues. We are there and we are all vulnerable in the fallout. While central banks, like pensions, have … Continue reading
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Bipartisan elimination of bank regs confirms finance sector still owns both sides
Lucid article from Matt Taibbi at Rolling Stone yesterday, reminds that bankers are commanding governments of all political stripes. Meanwhile, we, the people, keep paying the bill. See Why killing Dodd-Frank could lead to the next crash: The latest indignity … Continue reading
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