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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: October 4, 2021
Extreme wealth gaps are bad for economic stability
Just the facts… There’s a deeper, systemic problem in our economy that’s just as perilous as the looming debt default — and no one is talking about it. pic.twitter.com/a2HBWrTaoF — Robert Reich (@RBReich) October 4, 2021
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NBER paper considers Peak China Housing
This Time is Different co-author, and Harvard Professor Ken Rogoff has co-authored an illuminating paper for the National Bureau of Economic Research (NBER) that estimates the downside risk that China’s over-built, over-leveraged property sector poses its economy. They conclude that … Continue reading
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