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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 22, 2021
Progress requires redirecting where money goes
Just as junk food fills a near-term hole but undermines health, so too are easy money policies. Ruchir Sharma, chief global strategist at investment dealer Morgan Stanley (itself a huge beneficiary of regulatory largesse and financial bailouts over the past … Continue reading
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