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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: June 5, 2020
Tempering May’s ‘less bad’ jobs report
There was a massive surprise in the latest Canadian employment report with the economy adding about 290,000 jobs last month. While welcoming the dramatic surprise, Frances Donald, chief economist at Manulife Investment Management, says we shouldn’t feel too comfortable because … Continue reading
Highlights: As the world attempts to reopen
Speculative hype and hope aside, spread numbers are illuminating. Hedgeye president Michael Blum explores how various governments around the world are dealing with COVID-19 lockdown policies to date and the status of their respective reopening plans going forward. Here is … Continue reading
David Austin discusses Black Radicalism in Canada
Providing equal socio-economic opportunity and pay for equal work to all is the most effective prosperity ‘stimulus’ we can deploy as a nation; and we need this now more than ever. It is important for Canadians to understand our own … Continue reading