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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: January 4, 2021
A new trading year brings a new test for the USD and overconfident markets
The most defining force in markets globally since March 2020 has been a falling US dollar, which has boosted the price of risk assets on the opposite end of the global markets teeter-totter. After closing below $92 in late November, … Continue reading
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