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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 12, 2014
What’s this, the wolf bolts?
Surely Jordan Belfort is a born again, upstanding, honest guy, right? His life as a corrupt stockbroker came under the spotlight in The Wolf of Wall Street, and now the heat of a 60 Minutes interview proved too much for … Continue reading
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Benchmarks deceiving: average stock already in bear market
Today’s rebound notwithstanding, the headline levels are glossing over a bear market already underway in many stocks… Most market-watchers prefer the S&P 500 over the Dow Jones Industrial Average. But the fact that the S&P 500 is down just 1% … Continue reading
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Rebound running on fumes
With tech and small cap shares down heavily the past few weeks, today many are staging a classic counter-trend rally on vapid volume. Its important to keep in mind however, that no matter what financial sales people tell us, regaining … Continue reading
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