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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: December 29, 2021
Fed induced asset bubbles have a history of bad endings
Valuable historical context for the Fed’s bubble-blowing antics in this Politico article around former FOMC member and QE dissenter Thomas Hoenig. See The Fed’s Doomsday Prophet has a Dire Warning about Where We are headed. Here’s a taste: As a … Continue reading
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