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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: September 20, 2021
Lethal levels of financial leverage are highly contagious
As I discussed last week in Ponzi Markets Unravelling Once More, global asset markets have never been more over-valued, leveraged and interconnected in our lifetimes. This presents a massive instability risk for all of us, whether we appreciate it or … Continue reading
Revolving door between governance and finance, too dear for us to bear
Further to my post last week, Who Gives a Damn?, the horrendous optics of Fed heads enriching themselves through their public policy decisions are finally attracting some outrage. Apparently, finance scorpions can’t help themselves. While we are at it, best … Continue reading
Lifestyle choices can avoid and repair cognitive decline
There are still no drugs that stop cognitive decline and dementia, but brain scientists now agree that lifestyle choices–in the area of diet, exercise, sleep and mental activities–can. The 30-day Altzheimer Solution is a new book from neuroscientists and health … Continue reading