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Cory’s Chart Corner
Load MoreNot sure why this is so shocking to folks...the data is all around us. h/t @FroehlichThors1
Thorsten Froehlich @FroehlichThors1I mean - guys - this is real
since 1 April 2021, post COVID
(1) Savings rate dropped 90%
(2) Credit card balances up 28%
(3) # of credit cards up 62% (more credit cards / capita)_________________________
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Daily Archives: February 22, 2022
Tumbling into 2022
Growth and inflation are in retreat, stocks are tumbling, corporate debt spreads are leaping, and yield curves are flattening with the economically clairvoyant U.S 10 and 2-year spread .38 today, from an optimistic 1.59% peak in March 2021. This is … Continue reading
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