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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
DiMartino Booth on Fed policies and the future
Worthwhile discussion on the fantasy of central bank powers and the destructive behaviours they have inspired. In this interview, Danielle discusses the evolution of the Fed through that period and how the policies developed and implemented then have played a … Continue reading
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Crypto-mainia: sign of beserk times
Exemplifying illiquidity: of the existing 18.5 million Bitcoin in existence, around 20 percent–currently priced at about $140 billion–are reportedly lost or otherwise stranded in wallets that the owners cannot open. After 10 guesses at forgotten passwords, credits typically become permanently … Continue reading
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The compounding cost of ignoring distancing requirements
According to surveys, about one-third of people in Ontario say they are not following public health guidelines such as physical distancing and staying away from people in other households. Escalating infection rates confirm this, including, 14 recorded cases of the … Continue reading
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