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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: January 22, 2021
Progress requires redirecting where money goes
Just as junk food fills a near-term hole but undermines health, so too are easy money policies. Ruchir Sharma, chief global strategist at investment dealer Morgan Stanley (itself a huge beneficiary of regulatory largesse and financial bailouts over the past … Continue reading
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