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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: July 2020
‘A huge experiment’: update on COVID-19 vaccine progress
Never before have prospective vaccines for a pathogen entered final-stage clinical trials as rapidly as candidates for Covid-19. Hopes and stakes are incredibly high. For an excellent update on the most technologically enabled race for a vaccine in human history … Continue reading
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More challenges for China and global supply chains
The shift of production back to North America and Europe is a macro theme with legs. First, came trade disputes and rising protectionism along with steadily rising emission restrictions and carbon taxes that make international shipping more expensive. Next, COVID-19 … Continue reading
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ABC News: Sydney rents drop and thousands of homes lie empty amid pandemic
As in the most populated areas of Canada, uneconomically high property prices and rents in Australia were only made possible by unsustainable domestic debt levels. COVID-19 is proving a mean-reversion catalyst. Sydney’s rental market has changed rapidly since the start … Continue reading
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