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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%.
Grant Cardone @GrantCardoneDon’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
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Daily Archives: August 4, 2021
Bank lending flatlines as investment prospects dim
As we discussed in our July client letter “Tapped Out”, and here in Slowing Growth is Natural Product of Debt Hangover, a weakening credit impulse globally continues to bode poorly for economic momentum for the foreseeable future. As shown below … Continue reading
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Herd immunity threshold rising with morphing virus
As many are vaccinated and a significant portion are determined not to be, the virus is taking every opportunity to morph. Dreams of COVID-19’s mayhem ending any time soon look unrealistic, see Delta Seen to Push Herd Immunity Threshold above … Continue reading
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