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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 19, 2021
Hypervalued asset markets lock in negative future returns
John Hussman’s January market comment “The Speculative “V”, patiently lays out truth for those who wish to see. No matter what hope-filled equity holders wish to believe, facts are not on their side: “A hypervalued stock market doesn’t create wealth. … Continue reading
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Vaccination may not prevent transmission, distancing will still be needed
As COVID-19 vaccines are administered around the world, scientists continue conducting research to determine how effective the shots are at preventing transmission of the virus. Here is a direct video link.
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