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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: September 27, 2023
Financial headwinds intensify as cash dwindles and debt costs leap
Trillions in emergency government handouts have been spent. Eighty percent of Americans now have less cash than when the Pandemic began. Only the wealthiest 20% of Americans still have some excess Pandemic savings, and that is expected to be fully … Continue reading
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