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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: September 6, 2017
GTA home prices in bear market (even before BOC’s hike today)
Asset prices that roar up have a time-tested tendency to crash down. Case in point, a decline of 20% in greater Toronto average home prices over the four months between April and the end of August, was enough to wipe … Continue reading
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The lure of ‘winning’ makes savers easy prey
Funneling our savings into lottery tickets and Ponzi-like financial markets doesn’t make us investors, it makes us the dumb-money cash flow for a few controlling operators and skimmers. Those with savings to lose must understand the dishonest, unethical games being … Continue reading
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Rising sea temperatures fueling record storms
A just-released statement from the National Hurricane Center confirms that Hurricane Irma is the strongest hurricane in the Atlantic basin outside of the Caribbean Sea and the Gulf of Mexico in their records, and tied for second place as the … Continue reading
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