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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: October 9, 2018
60 Minutes: Bricks and slaughter, exposing Australia’s housing crisis
Similar themes and catalysts here with the US in 2006 and Canada today. As property prices mean revert so goes highly levered economies and financial markets. Expecting other outcomes is unrealistic. It’s no secret that Australia is experiencing a downturn … Continue reading
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IEX CEO on still-rigged, predatory stock exchanges and growing demand for change
Preferential access and paid predatory advantage at the expense of would-be-legitimate investors have no place in free and transparent markets. The indefensible, dominant business models adopted by for-profit exchanges over the last decade must be outlawed to restore the semblance … Continue reading
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