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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: December 2, 2020
Long time running
The US Dollar Index (DXY) is bobbing at a 52-week low in the $91 range this week, and stocks and commodities are similarly trading trends looking for direction. As I have explained previously, the risk rally needs further dollar weakness, … Continue reading
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