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Cory’s Chart Corner
Load MoreHeadline chasing algos need to do deeper dives...
h/t @hussmanjp
y'all realize the UK is only about 3% of U.S. trade, the U.S. already runs a surplus there, and the 10% U.S. tariffs will stay, right?
keep in mind that studies indicate U.S. consumers shoulder the majority of tariff incidence, with minor incidence to foreign countries
Monthly Archives: April 2022
Rosenberg and Pomboy: recession on deck
The bond market has heard central bank hiking plans and abruptly repriced for it over the past six weeks. As usual, stocks are slower to acknowledge reality. Good review in this segment. Macro Maven’s Stephanie Pomboy in discussion with economist … Continue reading
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Fast price moves break things
Gasoline prices leapt 45% over the past year, and the UN Food and Agriculture food price index, rose 34 percent to an all-time high in March (shown below since 2001). In the process, expectations for central bank rate hikes have … Continue reading
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Powering education with renewable energy
As Canada’s federal government flounders with more oil and gas subsidy schemes like carbon capture, others show what productivity and life-improving investments look like–those that cut waste and divert the savings to critical services like public education. There is no … Continue reading
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