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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: January 24, 2018
OECD’s Bill White warns of central bank ‘debt trap’
Bill White is the former chief economist for the Bank of International Settlements (the international board of central bank heads), and he’s now head of the OCED review board. His message at Davos this week is rare sobriety amid liquidity-drunk, … Continue reading
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