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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: March 2021
James Grant on Bitcoin and other bubbles
This segment is a worthwhile overview of the history of interest rates, the Federal Reserve, asset bubbles and their deleterious effects on the economy and savers. One caveat: I disagree entirely with Jim’s dismissal of Tesla vehicles (as distinct from … Continue reading
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Danielle’s bi-weekly market update
Danielle was a guest with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here. Re the news I mentioned about virus variants, … Continue reading
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Wealth effects from asset bubbles and stimulus are transitory
The Canadian economy shrank 5.4% in 2020 (the sharpest annual decline since World War II) despite government transfers that totalled an incredible $20 for every dollar of other income that Canadians lost. See: Canada’s GDP Collapse reveals how Trudeau’s debt-binge … Continue reading
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