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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: August 18, 2022
Rapid rate change just starting to be felt
A key point regularly missed is that monetary policy moves at a multi-quarter lag through the economy. That means that the rapid rate hikes year to date have just started to be felt and will continue to slow spending and … Continue reading
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