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Cory’s Chart Corner
Many 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.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Daily Archives: March 17, 2020
Beware false prophets who never see bear markets coming
As risk-markets tank worldwide, the Canadian TSX has followed suit with a loss of 30% in less than a month and is already back fathoming the 12,400 level it first reached in December 2006–more than 13 years ago. This is … Continue reading
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