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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
The horror of mainstream financial “advice”
I was forwarded a copy of a presentation put together by a mainstream financial sales firm and co-sponsored by a national accounting firm that is being presented this week to target customers at client dinner event. I was not surprised … Continue reading
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The vampire squid rolls over
After 2 years of obscene financial support on the tab of the public purse via Q’Eternity and every other governmental forbearance and largesse possible, Goldman, down 10% since January, seems to be leading the financials lower once more…End of this … Continue reading
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Sanctions to tip an already weak Russia into recession
A playground of “hot money” traders the past couple of years, the Russian stock market offers a helpful big picture on the math of loss and investment returns. After losing 82% of their value from 2008 to 2009, Russian stocks … Continue reading
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