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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 27, 2018
Over-housed boomers looking to downsize is a secular shift
Lower shelter costs, along with less consumption spending of all kinds, are necessary pillars to restoring financial viability for households in the post-debt-bubble world. As credit levels recede through a much needed secular contraction, home prices will have to realign … Continue reading
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