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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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Daily Archives: August 15, 2024
Recession to slow inflation and spike unemployment
Nancy Lazar, Piper Sandler global chief economist, joins ‘Money Movers’ to discuss whether Tuesday’s economic data changes any of the economists’ forecasts, whether the Federal Reserve has room to focus on its employment mandate, and more. Here is a direct … Continue reading
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