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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: February 5, 2019
Canadian mortgage growth slowing: good for households, bad for banks
Good news, Canadian mortgage growth is finally coming off the frenzied boil of recent years. As shown below, according to the Bank of Canada, Canadian residential mortgage growth rose 3.1% year over year in December to $1.55 trillion, the slowest … Continue reading
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Bayer-Monsanto monopoly approval requires public outrage
The US Department of Justice finalized its approval of the Bayer and Monsanto merger. A new monopoly will be created over agricultural pesticides and industrial seed production, with farmers locked into industrial farming and our health endangered. Here is a … Continue reading
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