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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: September 15, 2021
Ponzi markets unraveling once more
Shares and bonds of China’s most indebted property developer China Evergrande Group have fallen 80%, while interest payments on its wealth manglement management products have failed to pay out, and deposits on presold unbuilt apartments are left in question. Other … Continue reading
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Former SEC prosecutor on why law enforcement has failed in finance
This 2019 speech should help to provoke a new regulatory enforcement regime, not just in America. Until we, the people, insist, nothing is going to change. James Kidney explains how the SEC and the Department of Justice fumbled the prosecutions … Continue reading
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