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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: December 15, 2020
The deceit behind market highs
With retail trading in a frenzy and initial public offerings surpassing the previous 1999 high this year, this vintage clip courtesy of Sven Henrich from CNBC personality and MAD Money host Jim Cramer offers a glimpse of the fraudulent wizard … Continue reading
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Rand quantifies income theft from workers by corporations and their owners
Recent analysis by the RAND Corporation quantifies what increasingly corporate-centric policy shifts over the last 50 years have cost 90% of workers in terms of lost income. The study was American, but similar trends have transpired in most other countries … Continue reading
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