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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: August 4, 2020
US dollar stalks risk markets everywhere
After weakening since the end of March, the US dollar index had the most negative month in a decade in July as US Treasury rates slumped, government spending leapt and plunge protection teams pumped equity futures nightly. The consensus is … Continue reading
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