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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: December 26, 2018
Must read: In defence of the Fed
Excellent article from Economist Stephen Roach on 30 years of destructive monetary policy and the short-term asset pain that is necessary in order to restore longer-term strength and stability. See: In defense of the Fed. Here! Here! Predictably, the current equity … Continue reading
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Holiday reading: The Myth of Capitalism
Speaking of productive ways to use our time…my favorite place to read is on the elliptical, especially during periods of holiday cheer! If you are looking for an excellent big picture view on what is hindering productivity and economic progress … Continue reading
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