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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: March 23, 2021
Rosenberg: Canada’s home prices remind of US 2005-2006 bubble
Mean reversion is a historic constant…delayed but never avoided. Good summary here. David Rosenberg, chief economist and strategist at Rosenberg Research, joins BNN Bloomberg to provide his thoughts on the bubble forming in the housing market. He says that we … Continue reading
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