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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: January 2017
New Year’s inspiration: 105 year old does 92 laps at Velodrome
As we grow older, a common refrain is that we must slow down, take it easy and not keep exerting our physical bodies. The trouble is laying back accelerates physical frailty and a self-fulfilling weakness. The reality is use it … Continue reading
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‘Trumphoria’ ignoring downside risks to global economy–so far
Skype quality not great here, but content of this discussion is worthwhile. Former U.S. Treasury Secretary Lawrence Summers said investors are being far too sanguine about the risks associated with Donald Trump’s incoming administration.The Harvard professor, a Democrat who was … Continue reading
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OECD: global property prices fall amid ‘dangerous’ conditions and market slow-down
A new report from the OECD is sounding the alarm on ‘dangerous’ conditions in several global property markets: especially New Zealand, Sweeden, Canada, Australia and the UK. While bad for ‘investors’ and the highly levered buyers who have been driving … Continue reading
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