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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.
Monthly Archives: November 2018
More on why product sales must be separated from financial advising
Financial sales firms will never ‘get’ the sacrosanct importance of holding professional advisors to a fiduciary standard because masquerading sales as advising is such a lucrative business model for them. The crash of 1929, the decade of loss and suffering … Continue reading
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GM and the planet paying for status quo myopia
After pig-headedly ripping its EV-1 electric cars off adoring customers in 2003 and crushing them up (believe it or not), 15 years later GM is finally renewing its attention on electric car production. Thanks to Elon Musk for leading the … Continue reading
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Destroying the Myths of Market Fundamentalism
The next recession and financial crunch will reveal how harmful conventional wisdom has been and afford yet another opportunity to implement the reforms and fresh thinking that should have followed the 2008 blow up. Market fundamentalism’s ideological tyranny is metastasizing, … Continue reading
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