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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: October 19, 2020
Canadian consumer confidence weak, faith in realty prices unshaken
Still missing some 25% of jobs lost in the first shutdown phase, Canadians are feeling less confident as the most populous areas in Ontario and Quebec re-enter Stage 2 restrictions, banning indoor dining, gyms and movie theaters for at least … Continue reading
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New study: Investment in testing and tracing yield 30x savings
A study published in the Journal of the American Medical Association this week, from former Treasury Secretary Lawrence Summers and Harvard University economist David Cutler estimates that the coronavirus pandemic will cost Americans $16 trillion –about four times the output … Continue reading
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