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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: July 31, 2024
Inflated prices increasingly weigh
Policymakers and economies face a similar challenge globally. After the 2008 meltdown, short-term rates were intentionally suppressed to incentivize credit growth and consumption at the expense of savers and productivity-improving investments. Now, we are paying the longer-term costs of those … Continue reading
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