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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 29, 2021
Speculative mania is a losing game
The ‘Reddit mob’ has legitimate reasons to feel retaliatory against a financial sector that has increasingly been run by and for predators that are afforded advantage at the expense of their customers, economic strength, taxpayers and workers, worldwide. But there … Continue reading
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Rampant trust abuse and recklessness heading to a typical end
Recent high-profile fights between different groups of computer-enabled-levered traders are just more evidence of the wild-west that poor oversight, purchased advantage and revolving-door appointments have made of so-called ‘investment’ markets. The loss-cycle this accentuates will hurt all participants, the overall … Continue reading
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