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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 20, 2020
Sri-Kumar: Coronavirus not the cause of this recession
Komal Sri-Kumar from Sri-Kumar Global Strategies says that the coronavirus pandemic did not trigger the U.S. recession, but worsened it, especially considering treasury yields from as early as last year. He also explains why the November election will be a … Continue reading
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Reality check: making back losses is not the same as making gains
Investment sales folks and Perma bulls who lost heavily in the first quarter are celebrating the rapid bounce back in market prices since March. Many cashed out with losses near the lows but have panicked and bought back higher in … Continue reading
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