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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 27, 2024
Fed cuts in response to weakening employment
Rosenberg Research President David Rosenberg joins ‘Squawk on the Street’ to discuss his economic models, what’s happening in today’s economy, and much more. Here is a direct video link. The 21.3% increase in US unemployment since 2022 is a … Continue reading
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