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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: January 13, 2021
Crypto-mainia: sign of beserk times
Exemplifying illiquidity: of the existing 18.5 million Bitcoin in existence, around 20 percent–currently priced at about $140 billion–are reportedly lost or otherwise stranded in wallets that the owners cannot open. After 10 guesses at forgotten passwords, credits typically become permanently … Continue reading
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