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Cory’s Chart Corner
Headline chasing algos need to do deeper dives...
h/t @hussmanjpJohn P. Hussman, Ph.D. @hussmanjpy'all realize the UK is only about 3% of U.S. trade, the U.S. already runs a surplus there, and the 10% U.S. tariffs will stay, right?
keep in mind that studies indicate U.S. consumers shoulder the majority of tariff incidence, with minor incidence to foreign countries____________________________
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Monthly Archives: May 2019
Worthwhile read: The Fifth Risk
I just finished Michael Lewis’s latest book, The Fifth Risk: Undoing Democracy. Lewis examines key US government departments like Agriculture, Commerce (which should be called the ministry of data on things like weather and food production), and Energy. He describes … Continue reading
Risk-markets take a thumping in May
Risk assets have taken a fresh thumping in May. As of last night, the S&P 500 index was down 5.5% on the month, with energy (-9.2%), technology (-8%), materials (-7.4%), industrials (-7.1%) and financials (-5.6%) faring worst, and so-called ‘defensives’: … Continue reading
How electric vehicles work
This ten minute primer is well done. Regenerative braking is one of the coolest parts. Electric cars are making big waves in the automobile world. These noise-free, pollution-free and high-performance vehicles are expected to make their I.C. engine counterparts obsolete … Continue reading