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Cory’s Chart Corner
Humans just repeat the same old themes decade after decade. Today there is far more debt to service, thus greater financial impact on spending. Ask Walmart's CEO if he's noticed any change in consumer behavior while the U.S 10 years hits 5%.
Don’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
Daily Archives: July 17, 2012
Return to Prudent Banking Act of 2011
Support for HR Bill 1489, the Return to Prudent Banking Act of 2011 is slowly (painfully slowly) growing. The Act was tabled in April 2011: “To repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation between commercial banking … Continue reading
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Pimco’s El-Erian: “the markets should not bet on outcomes the Fed cannot deliver”
Mohamed El-Erian, PIMCO CEO & co-CIO, provides his perspective on stabilizing the euro zone; confronting the “fiscal cliff”; and whether the Fed should issue another round of easing. Here is a direct link.
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