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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: August 2012
Shilling: “Fed just shuffling paper”
Today the latest FOMC minutes confirmed what we had suspected: falling economic data and mayhem in Europe are prompting the US Fed to conjure ideas for the next round of monetary tricks. Trouble is that nothing they scrape off the … Continue reading
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Financial “expert” a misnomer for the majority of advisors
In my experience the financial advice business is largely populated by those who are financially inept in their own affairs and dangerously undereducated in their supposed field of expertise. Part of the problem has been low barriers to entry where … Continue reading
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Canadian dollar ramps with risk trade once more
Goosed on renewed oil speculation and (in over view misplaced) ideas that Canada might decouple the global downturn and move the BOC to tighten interest rates soon, the Loonie has lifted again with the Euro/equity risk trade over the past … Continue reading
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