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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: August 7, 2020
This bounce is not a recovery
Two worthwhile reads this sunny August amid casino-quality financial markets: The first is foreign affairs expert Ian Bremmer’s latest piece in Time Magazine, see: The Next Global Depression is Coming and Optimism Won’t Slow it Down. It includes this illuminating … Continue reading
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