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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: January 2021
Some levity to end January
Some much-appreciated levity this morning in this lovely cover. Enjoy. What a Wonderful World by Louis Armstrong, covered by Reina del Cid and Toni Lindgren. Here is a direct video link.
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Speculative mania is a losing game
The ‘Reddit mob’ has legitimate reasons to feel retaliatory against a financial sector that has increasingly been run by and for predators that are afforded advantage at the expense of their customers, economic strength, taxpayers and workers, worldwide. But there … Continue reading
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Rampant trust abuse and recklessness heading to a typical end
Recent high-profile fights between different groups of computer-enabled-levered traders are just more evidence of the wild-west that poor oversight, purchased advantage and revolving-door appointments have made of so-called ‘investment’ markets. The loss-cycle this accentuates will hurt all participants, the overall … Continue reading
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