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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
A disturbing portrait of modern Russia
Last night on Charlie Rose, I caught this segment with Bill Browder, Chief Executive Officer and co-founder of the investment fund Hermitage Capital Management. He describes a deeply disturbing portrait of corruption and injustice in Russia today that extends from … Continue reading
Wall Street shrinking workforce and reducing compensation
These are all steps needed in order to cut back the excess of finance and move the banking harpies back into the box supporting, rather than dominating and imploding, the real economy. William Cohan, author of “Money and Power: How … Continue reading
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Reverse-globalization: recycling spending in local economies
In the new post-credit bust era, there is less money to go around. Where capital flows, will dictate which businesses and communities thrive and which falter. This new wave of “protectionism” will mean lower global trade, but a focus on … Continue reading
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