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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: February 2023
Consumers getting walloped
Good updates in this segment on larger trends in inflation, employment and consumption. Consumer Prices Accelerated in Jan, but Annual Growth Slowed. Here is a direct video link. Meanwhile, as shown below, half of Americans recently surveyed report that their … Continue reading
The week in charts
Charlie Bilello’s weekly charts and themes is worthwhile. Here is a direct video link. Thumbnails are as follows: 00:00 Intro 00:16 A Screeching Halt (Tech Growth Slowdown) 08:28 The Lowest Unemployment Rate Since 1969 13:23: Does the Fed Really Want … Continue reading
Battery innovation is booming
Innovative, hard-working people worldwide are focused on ever more efficient, low-cost energy storage, and human ingenuity is winning. NEW Sodium, Aluminum battery is 15X cheaper than sodium or lithium. Here is a direct video link.