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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 10, 2020
OECD: second virus wave or not, huge economic cost will persist
By now everyone knows that the COVID-19 pandemic is a global health crisis that has triggered the most severe economic recession in nearly a century. The uncertainty is about what comes next and how wide and lasting the impacts will … Continue reading
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Reducing energy consumption and cost is ‘stimulus’ needed
As taxpayers are pledged to pay for trillions in ‘stimulus’ spending, it is important to note that the transition to 100% renewable energy is not only possible and necessary for health on earth but also offers the added bonus of … Continue reading
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