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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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Monthly Archives: September 2018
Bailing out the reckless and unethical: tipping point coming?
We have to wonder how much more pain and suffering the masses will tolerate to keep subsidizing the reckless and unethical. Is there anyone alive who still doesn’t understand the direct connection here? When the coming bear market unveils the … Continue reading
Our secular bear in stocks: fulfilling the promise of dismal returns
The financial world is a complex and dangerous place for those who don’t know what they are looking at. Some valuable historical perspective is offered in this segment. Clarity Financial Chief Financial Strategist Lance Roberts reviews the history of stock … Continue reading
Canadians struggling with record debt and rising rates
If Canadians had practiced prudent debt-avoidance guidelines the past decade (and been counseled by banks and other financial advis0rs to do so) they would be better drown-proofed and resilient coming into the rising rate, economic downturn part of this cycle. Unfortunately, … Continue reading