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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 8, 2017
Flat wages and record debt equals consumption in decline
Headlines today cheer that Canada added 22.2k jobs in August and the jobless rate declined to 6.2%, the lowest since 2008. See: Canada Wages Speed up as jobs gains for ninth month. The Canadian dollar jumped 2% against the greenback … Continue reading
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The cultural divide driving politics
The latest WSJ/ NBC News poll takes a look at cultural issues that divide Republicans and Democrats, from gun rights to climate change to marriage. The WSJ’s Gerald F. Seib analyzes the findings from the survey. Here is a direct … Continue reading
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Nature has the solutions for water woes and flood risks
Excellent article on the development history of Mexico City and the world’s current water problems from flooding to shortages. See Nature offers solutions to water woes and flood risks: “Conquering” nature has long been the western way. Our hubris, and … Continue reading
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