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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: November 2024
About that: Why is the loonie so low?
The Canadian dollar is now at its lowest point since the peak of the COVID-19 pandemic, and analysts predict it could fall below 70 cents US in the coming months. Andrew Chang explains why the dollar’s value has fallen so … Continue reading
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Bird’s eye view of price and risk
This week, we learned that the US index of leading economic indicators (Conference Board LEI) contracted to 99.5 in October—the 32nd consecutive month of contraction and the longest since at least 1957 (all shown below courtesy of The Daily Shot). … Continue reading
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Even higher hopes
The S&P 500 is on track for its biggest election-year gain in 88 years. Still, according to the latest Conference Board Consumer Confidence Survey, the share of US consumers expecting stocks to rise further over the next 12 months has … Continue reading
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