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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 21, 2020
Financial realities nine months into pandemic
The coronavirus pandemic has forced many Americans to accept new financial realities. WSJ’s Shelby Holliday travelled to a diverse neighborhood in Philadelphia to learn how neighbors are facing different struggles brought on by the same virus. Here is a direct … Continue reading
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UK virus mutation ‘out of control’
What happens in January will be significantly shaped by how socially disciplined individuals are over the next two weeks. The nightmare is not nearly over yet. U.K. Health Secretary Matt Hancock warned that the new strain of the coronavirus is … Continue reading
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