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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 21, 2021
China’s Ponzi scheme in global spotlight again
There are parallels here for other economies like Canada, which have enabled an unhealthy reliance on debt and realty bubbles. “If you want to teach a lesson you have to cause pain.” China Beige Book CEO Leland Miller joins Yahoo … Continue reading
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Commodities and the loonie following global output lower
Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, breaks down what one chart on industrial inflation and currencies could mean for the broader market. Here is a direct video link.
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