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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 26, 2012
Mayo: “bring back Glass-Steagall and you don’t need Dodd-Frank”
Credit Agricole Securities’ Mike Mayo (I mention Mike in my book as one of the few useful analysts on the Street) discusses Sandy Weill’s call to break up banks. Here is a direct link.
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Weill finds religion: “break up the big banks”
Sandy Weill has been named one of the top 5 architects of the financial crisis. As head of Citi in the late 90’s, Weill cobbled together the first great financial supermarket, Citigroup. Along the way, Weill’s acquisitions (Smith Barney, Travelers, … Continue reading
