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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 28, 2020
Loonie, oil and Canadian financials, all in this together
After bouncing 10% between March 20 and September 1, the Canadian dollar continues its allegiance with risk assets, dropping 1% against the US dollar today and rolling over at the 74.50 resistance range, highlighted in my partner Cory Venable’s chart … Continue reading
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Tough times are full of opportunity
Cutting unnecessary operating costs is always smart, but being able to do so during a big hit to income can be the difference between survival and bankruptcy. Like most municipalities, the City of Kitchener spends millions on electricity each year. … Continue reading
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