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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.
Monthly Archives: April 2024
Mortgage pain has not peaked yet
Despite spring market optimism, US Home sales in March posted their most significant decline in more than a year (-4.3% month-over-month–largest monthly decline since November 2022) as 30-year fixed mortgage rates moved back above 7% from just over 6% in … Continue reading
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Solar balconies
Solar energy bombards the earth every day. And, every day, more and more people passively capture it to lower their power costs and move us away from fossil fuels. Train tracks, roads, car parks, car roofs, cemeteries, building facades… the … Continue reading
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China exporting deflation (encore)
China’s epic property bust has left it with a glut of materials and products that it is now exporting globally. This will help ease inflationary pressures and threaten the viability of competitors. As construction at home has dried up, Chinese … Continue reading
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