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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: June 15, 2021
The great inflation hype running low on buyers
This morning we learned that US retail spending fell 1.3% in May (more than the -.80 expected). After a year of record spending on durable goods–items that typically last at least three years, like appliances, tools, computers, electronics, jewelry, vehicles, … Continue reading
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Solving the global chip shortage
Good overview of global semiconductor production in this segment. As usual, disruptions in the past year have focused minds on how to boost supply and diversify production. A global chip shortage is affecting how quickly we can drive a car … Continue reading
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