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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: July 24, 2018
Ten Years after the last financial crisis
Anat Admati’s presentation here is a good review of where we are 10 years after the last financial crisis. The bottom line: in the words of JP Morgan CEO, Jamie Dimon “Financial crisis is something that happens every 5, 7 … Continue reading
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