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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 16, 2020
Classic: student first made gains before losing father’s $50 million trading stocks
The son of a Russian oligarch lost $50 million making risky trades while at university. This is present madness writ large. See: A Russian oligarch’s son lost $50 million making risky trades at university: Temur’s trades weren’t always losing ones. … Continue reading
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