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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: March 2014
Canadian banks leading race to financial pain
The contest to entice every last warm body to reach for the most over-valued real estate in the world has reached a new fevered pitch in Canada. Here is a direct video link. A little appreciation of math goes a … Continue reading
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The painful boom and bust of the Fed’s financial repression
I was invited to a luncheon this week where the ‘Bernak’ is to be the keynote speaker. I declined on the grounds that seeing the master of disaster on his ‘250K a gig’ speaking tour would only upset my stomach. … Continue reading
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Bullard: QE done in 2014 and rates normal by 2016
Federal Reserve Bank of St. Louis President James Bullard has an ambitious plan about the expected timing of the Fed’s tapering and the trajectory of the U.S. recovery. Bullard sees rate hikes beginning in Q1 2015 and returning to normal … Continue reading
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