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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: February 18, 2021
Roubini not buying cryptomania
The higher prices go in financial manias, the more people buy in, and the more infectious the pressure to declare gains justified. Even those who can do the math and know better are very often swept into ‘new era’ thinking. … Continue reading
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