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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: April 12, 2022
Rosenberg and Pomboy: recession on deck
The bond market has heard central bank hiking plans and abruptly repriced for it over the past six weeks. As usual, stocks are slower to acknowledge reality. Good review in this segment. Macro Maven’s Stephanie Pomboy in discussion with economist … Continue reading
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