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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%.
Monthly Archives: July 2012
Keeping bankers honest
Bill Moyer talks with financial expert Sheila Bair about the lawlessness of our banking system and the prognosis for meaningful reform. Bair was appointed in 2006 by President George W. Bush to chair the FDIC. During the 2008 meltdown, she … Continue reading
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New study: banking crisis to alter path of bright minds
A new study out of the UK this week suggests the 2008-2012 financial crisis is likely to bring an important boon to the world of innovation, manufacturing and technology. Amen, we need it: “SThree, which recruits professionals educated in the … Continue reading
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Tavakoli on JP Morgan fraud and recent losses
JANET TAVAKOLI, PRESIDENT, TAVAKOLI STRUCTURED FINANCE discusses JP Morgan’s 2nd quarter earnings and recent fraud admissions: “JPMorgan (NYSE:JPM) just said what they said—is that the whole situation suggests that traders were knowingly mis-marking their books. Now that’s criminal behavior and … Continue reading
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