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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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Monthly Archives: March 2022
Worthwhile doc: Milked- White Lies in Dairy Land
Now free on YouTube with great New Zealand accents. Worth watching and sharing… MILKED documentary follows a young activist who goes deep into dairyland where he takes on the giants of New Zealand’s most powerful industry and reveals how the … Continue reading
Less credit is the housing bubble solution
Better Dwelling housing analyst Stephen Punwasi addressed the Canadian House of Commons Standing Committee on Finance this week. His comments elucidate why the number of Canadians expecting to buy a home has fallen by a third in 2022 and why … Continue reading
Higher borrowing costs already biting hard
Citing Fed Chair Powell’s recent inflation alarm, Goldman Sachs is predicting the U.S. central bank will hike policy rates half a percent at both its May and June meetings. The last time the U.S. Fed hiked by half a percent … Continue reading