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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 3, 2022
Borrowing to ‘invest’ is a well-worn path to magnified losses
To further compound the financial pain in motion, Canadians have recently increased their allocations to equity portfolios, funds and ETFs. RSP contributions due by March 1st are now pounding into equity-based products as I write. As usual, these flows are … Continue reading
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Canadian equities are no safe haven
Since December, despite a parabolic move in fossil fuels (priced in U.S. dollars), the Canadian dollar has not followed along for the ride. This is not a bullish vote on Canada (see chart below and Canada’s currency washed out by … Continue reading
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