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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: August 28, 2019
The vicious cycle of inflated asset prices and low yields
Funny thing about low and negative yields on savings…they make people save more and spend less, which slows the economy, which makes central banks try to lower rates more, which makes people need to save more and spend less…which slows … Continue reading
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