This clip is brutally honest. Good for him. He may well not be asked back as a guest however…Andrew Smithers, founder of Smithers & Co., talks about the outlook for equities and methods for valuing stocks: Watch the Bloomberg clip here.
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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.
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Clearly Ms. Nemazee did not like the off script answers she was getting.
Excellent!
reminds of some of the clown analysts on bnn who continue to ignore the fact that the S&P has done nothing for 13 years. To expect the market to climb from these levels bringing the price of oil higher along with it is ridiculous. not advocating timing but to blindly buy so called “cheap stocks” and holding them no matter what is and idea that may have worked from say 1975 to year 2000 but pull up a 13 year chart of the s&p and you can see that we have stalled out and are in a choppy environment.