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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: October 3, 2018
If Everyone is in ETF’s, What Could Possibly Go Wrong??
Our firm has been using Exchange Traded Funds (ETFs) for cost-efficient equity exposure in portfolios since 2000. Great idea except when bought or held at record high valuations, in positively correlated global markets, that have been simultaneously hyper-extended on QE … Continue reading
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