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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: November 15, 2018
Global slowdown hitting vulnerable Canadian economy
As Canadian crude fathoms a record low this week (chart below), we have news today that Canadian home sales fell further in October. Heavily indebted and unprepared, the global downturn is coming at a particularly vulnerable time for Canada. Even … Continue reading
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Conservative legal cavalry finally coming to defend the Rule of Law
As I have mentioned several times over the past couple of years, insistence on the Rule of Law and adherence to due process through independent judiciary and law enforcement are the last lines of defence between civil society and total … Continue reading
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