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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 29, 2018
Recession due? Stocks are not ‘defensive’
David Rosenberg can be helpful because he is one of the few economists who looks for negative trends in the data rather than just blue skies and sunshine. His comments on the implications of a ‘Powell pause’ in this clip … Continue reading
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UN: ‘Governments must stop subsidizing fossil fuels’
Another day another urgent warning on climate catastrophe, this time from the UN, see World must triple efforts or face catastrophic climate change: “New taxes on fossil fuels, investment in clean technology and much stronger government policies to bring down … Continue reading
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