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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: September 2012
Roubini on new ECB plan
Nouriel Roubini, chairman of Roubini Global Economics, told CNBC, ECB bond buying will only buy time because the recession in the euro zone is getting deeper and how you stabilize the banking system and restore economic growth is still a … Continue reading
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A Canadian cancer patient’s perspective worth reading
“The Koch brothers are spending $6 million on a new anti-Obama ad; an ad featuring a Canadian woman from Ontario. Shona Holmes claims our medicare system blocked her from getting the immediate treatment she needed to prevent her from dying … Continue reading
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Warren at the Democratic National Convention
U.S. Senate candidate Elizabeth Warren, in a high-profile speech at the Democratic National Convention, intensified her criticism of Wall Street, saying CEOs who wrecked the U.S. economy with risky bets “still strut around Congress” and demand favors from lawmakers.Here is … Continue reading
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