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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%.
Grant Cardone @GrantCardoneDon’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
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Daily Archives: June 6, 2018
Aggressive loan sales wreaking destruction worldwide
Different country, same destructive lending models as in Canada and everywhere else. Mortgage Choice Limited, commonly known as Mortgage Choice, is a publicly listed Australian mortgage broking firm. Mortgage Choice is in damage control as it faces an uprising from … Continue reading
Social security costs to exceed income beginning this year
Yesterday, the Social Security Board of Trustees released its annual report on the current and projected financial status of the US Old-Age and Survivors Insurance and Disability Insurance (OASDI) Trust Funds. All of this has been entirely foreseeable. Years of … Continue reading
China’s rampant security fraud has spread through global markets
Carson Block, Chief Investment Officer, Muddy Waters Capital LLC, joins Bloomberg Markets AM with Pimm Fox and Lisa Abramowicz to discuss China’s impact on US capital markets. Running time 06:33. Here is a direct audio link. I recommended the Netflix … Continue reading
