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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: August 2019
Rejecting the highly destructive ‘shareholder first’ mentality
Yesterday saw an important first step in the much-needed and multi-faceted transformation toward a sustainable economy and a more stable society. 181 American CEO’s known as the Business Roundtable have signed onto a new Statement on the Purpose of a … Continue reading
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Never-ending ‘dieselgate’ cheats adding fuel to accelerating EV sales
Perhaps Volkswagen was hoping they could get away with cheating long enough to dump more antiquated ICE (internal combustion engine) inventory onto a naive/complacent public. But the gig is up. A district court in Düsseldorf, Germany this week found that … Continue reading
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Rosenberg: global recession coming, no quick path out
“This is going to be a capital-spending-led recession,”Rosenberg, the senior economist and strategist at Gluskin Sheff + Associates told BNN Bloomberg in an interview on Thursday. “The consumer will follow like a domino…. “We don’t have the traditional fiscal, or, … Continue reading
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