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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 19, 2020
Roubini on Canada’s ‘anemic’ economy
Nouriel Roubini, NYU professor and former White House senior economist under U.S. President Clinton, joins BNN Bloomberg to discuss the realities facing Canada’s economy amid the COVID-19 pandemic. Here is a direct video link.
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Lacy Hunt: monetary inflation is transitory and ultimately growth-depressing
Piling on more debt today, just to keep the economy afloat, will lead to decades of slow growth and potential disinflation. The Fed is not able to sustainably lift growth or inflation. Hoisington Management economist Lacy Hunt’s recent Bloomberg interview … Continue reading
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