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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: September 23, 2019
Canadian economy running on empty
Canada has a low-household-savings, stagnant income, high debt, aging boomers, slowing economy problem. The Bank of Canada will no doubt cut its policy rate soon but in present conditions, more consumer debt-stimulus will not help. Pushing lines of credit and … Continue reading
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