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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: November 2017
Canadians paying dearly for their housing
Another housing study has come to familiar conclusions: Canada boasts the least affordable housing in North America. With a median family income of just under $65,000 a year, it would take 7.5 years for a family to pay off the … Continue reading
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Human behavior in “Gold” worth watching
Bre-X is remembered for its fraudulent deposit claims, but the lessons in the story are much larger than that. I finally got to watch the film this week on Neflix, and found it does a great job of illuminating human … Continue reading
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Moody’s: negative outlook for largest ever $1.1 trillion auto loan market
“Signs are there that we might be approaching an inflection point in the marketplace for autos,” William Black, managing director at Moody’s, said in on Tuesday. No credit expansion lasts forever. Moody’s is also forecasting a drop in used-car prices … Continue reading
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