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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 2018
The fight for net neutrality continues
Selling privileged access and advance information to a few at the expense of the many has been a disaster for the stability and integrity of financial markets. Allowing a few to buy privileged access, and control of information flow on … Continue reading
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‘This time is different’ and the same old speculative fever
Economist David McWilliams has a rare command of historical context, the independence to speak freely, and an Irish gift for storytelling. His recent article: Four very expensive words ‘This time is different’, is worth reading. Here are a few highlights: … Continue reading
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Financial criminals continue to profit from fraud and theft with no jail time
A lawsuit filed this week by The Fire and Police Pension Association of Colorado alleges that Canada’s six biggest banks and three foreign lenders conspired to manipulate a key Canadian benchmark rate, CDOR (Canadian Dealer Offered Rate), to extract “illegitimate … Continue reading
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