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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: October 2020
Loonie, oil and Canadian financials, all in this together
After bouncing 10% between March 20 and September 1, the Canadian dollar continues its allegiance with risk assets, dropping 1% against the US dollar today and rolling over at the 74.50 resistance range, highlighted in my partner Cory Venable’s chart … Continue reading
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Tough times are full of opportunity
Cutting unnecessary operating costs is always smart, but being able to do so during a big hit to income can be the difference between survival and bankruptcy. Like most municipalities, the City of Kitchener spends millions on electricity each year. … Continue reading
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Second wave of COVID testing Canadians and their lenders
As the second wave of COVID is shutting down large parts of Europe and Canada’s cases hit a fresh record, studies suggest antibodies may be short-lived. Not surprisingly, a study released today from FP Canada finds that 30% of Canadians … Continue reading
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