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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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Daily Archives: August 16, 2022
Roubini: recession will be protracted and severe
Some key macro analyses are summarized well in this segment. Nouriel Roubini, CEO of Roubini Macro Associates, discusses the outlook for the US economy, the path of inflation, and Federal Reserve policy on “Balance of Power.” Here is a direct … Continue reading
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