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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%.
Grant Cardone @GrantCardoneDon’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
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“An explosive critique about the investment industry: provocative and well worth reading.”
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Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Monthly Archives: September 2012
High Frequency Trading ban in discussion
High Frequency Trading (HFT) is one of the most reckless activities being tolerated in public markets today. We likely need to see another major crash or two before the practice is finally banned or more likely taxed into remission, but … Continue reading
ECRI update: US in recession now
Lakshman Achuthan, chief operations officer of the Economic Cycle Research Institute, talks about the U.S. economy. Achuthan speaks with Tom Keene and Sara Eisen on Bloomberg Television’s “Surveillance.” Here is a direct link. The trouble with mainstream economic thinkers and … Continue reading
A Europe devoid of sovereign democracies
The European Stability Fund (ESM) was due to take effect in July and proposed as a backstop to protect the debt crisis from spreading by providing loans to troubled euro zone members. It was designed to replace the European Financial … Continue reading
