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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: October 8, 2020
Rock bottom rates are the disease not the cure
A new study from the Business Development Bank of Canada finds that 76% of the small and medium-sized Canadian businesses surveyed saw a decline in revenue and profits in 2020. Nearly half laid off staff, while about 39% of entrepreneurs … Continue reading
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