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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: March 2019
Transports leading stock market and economy lower
Yesterday after the close, the largest global courier delivery service, Federated Express (FedEx), warned of weaker than expected earnings and revenue for the second time in six months. In response, the shares have fallen 37% since January 2018 and 5% … Continue reading
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Danielle on The Financial Survival Network
Danielle was a guest with Kerry Lutz on The Financial Survival Network talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here.
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Successful nations don’t eat their young
A recent survey finds that 37% of 2018 insolvencies in Ontario involved millennials (born 1981 to 1996), up from 35% in 2017. Trustees in bankruptcy note that predatory Payday Loans and student debt are the biggest financial scourge impeding millennials today. … Continue reading
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