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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%.
Monthly Archives: February 2019
Publishers Clearinghouse: selling hope and customer data
According to Publishers Clearinghouse’s fine print, the odds of winning its $1,000 a week sweepstake is one in 6.1 billion… How does the company make billions when it’s known for giving money away? pic.twitter.com/FTYylxl8Dy — Business Insider (@businessinsider) February 22, … Continue reading
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Realty insiders blame tighter lending not too high prices and debt
Nationally, Canadian home sales were down 19% year-over-year in December and the average sale price -4.9%. Unsurprisingly, rather than acknowledge that a cyclical downturn is the natural product of unsustainably high home prices and household debt levels, the Canadian Real … Continue reading
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Putting democracy back in political candidate financing
Whatever one’s political affiliation, a movement away from the capture of corporate PACs is a positive development for democracy. The internet has put information and influence back in the hands of individuals, for better and for worse. WSJ’s Gerald F. … Continue reading
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