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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: August 2019
Rejecting the highly destructive ‘shareholder first’ mentality
Yesterday saw an important first step in the much-needed and multi-faceted transformation toward a sustainable economy and a more stable society. 181 American CEO’s known as the Business Roundtable have signed onto a new Statement on the Purpose of a … Continue reading
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Never-ending ‘dieselgate’ cheats adding fuel to accelerating EV sales
Perhaps Volkswagen was hoping they could get away with cheating long enough to dump more antiquated ICE (internal combustion engine) inventory onto a naive/complacent public. But the gig is up. A district court in Düsseldorf, Germany this week found that … Continue reading
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Rosenberg: global recession coming, no quick path out
“This is going to be a capital-spending-led recession,”Rosenberg, the senior economist and strategist at Gluskin Sheff + Associates told BNN Bloomberg in an interview on Thursday. “The consumer will follow like a domino…. “We don’t have the traditional fiscal, or, … Continue reading
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