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Cory’s Chart Corner
Load MoreHeadline chasing algos need to do deeper dives...
h/t @hussmanjp
y'all realize the UK is only about 3% of U.S. trade, the U.S. already runs a surplus there, and the 10% U.S. tariffs will stay, right?
keep in mind that studies indicate U.S. consumers shoulder the majority of tariff incidence, with minor incidence to foreign countries
Author Archives: Danielle Park
Venture captialist explains why higher tax rates are part of solution
Henry Ford understood that in order to have customers for his cars, his workers needed to be able to afford them. Multimillionaire Garrett Gruener, Ask.com founder, explains why he believes tax levels should be raised on wealthy Americans. “Inequality is … Continue reading
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House investigation finds Corzine cuplable in MF Global collapse
The House financial services oversight committee has come in with its full report on the MF Global collapse and pins unequivocal blame on then CEO Jon Corzine as well as regulators and rating agencies. Charges are now needed to follow … Continue reading
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Fisher: The Fed will not backstop the fiscal cliff
Dallas Fed President Richard Fisher says that if the worst happens and the nation goes over the fiscal cliff, he doesn’t see the Fed providing a backstop. Here is a direct link.
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