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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%.
Daily Archives: May 6, 2014
Weakening global sales undermining growth bulls
As China’s manufacturing contracted for the 4th consecutive month in April, the OECD has lowered its global growth forecasts yet again for 2014, and major investment banks are now slashing their Q1 US GDP growth forecasts into negative numbers. Although … Continue reading
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AG Holder mouthing empty words on “Too big to jail”
The tolerance and forbearance on corporate criminals the past 7 years has been shocking, brazen and completely indefensible. This period will be recorded in history as an epic failure of justice and the Rule of Law. Figure heads like Holder, … Continue reading
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American millionaires willing to pay more to share the wealth
CNBC’s first-ever Millionaire Survey reveals that 51 percent of American millionaires believe inequality is a “major problem” for the U.S., and nearly two-thirds support higher taxes on the wealthy and a higher minimum wage as ways to narrow the wealth … Continue reading
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