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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: May 13, 2020
Pandemic upside: eating more fresh veg and less packaged food
A study from the University of Antwerp, Belgium surveyed 11,000 shoppers in 11 different countries, including Canada, and found that during the pandemic shutdown shoppers have cut spending on ready-made meals and snacks, are cooking more of their own food … Continue reading
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Excess consumption is the other disease that plagues us
Thirty years of progressively higher consumer spending and debt have coincided with rising corporate profits, low savings rates, gambling preoccupation and boom-bust asset cycles. All were deleterious to present resilience as we encounter the first economic depression since the 1930s. … Continue reading
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