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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 12, 2020
Dollar dominoes as the global economic bounce stalls
As recently discussed in US dollar down, but is it out? and US dollar stalks risk markets everywhere a falling dollar has been the wind at the back of the risk rally since March. Its next move will impact everything. … Continue reading
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Not all masks are effective
In going to the trouble of wearing masks we might as well wear one that is effective in containing our droplet emissions. Researchers at Duke University tested a total of 14 common face coverings and analyzed the number of particles … Continue reading
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