Follow
_________________________
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 14, 2022
Higher costs weighing on Canadian households
The Bank of Canada doubled its overnight lending rate this week to 1% and is expected to move it above 2.5% by year-end. The interest cost on floating rate loans moves with the BOC rate, so each .50% increase adds … Continue reading
Posted in Main Page
Comments Off on Higher costs weighing on Canadian households
Rosenberg and Pomboy Part 2: Market Hell Ahead?
Building off of their analysis in Part 1 of this interview, David Rosenberg & Stephanie Pomboy continue explaining why a recession looms dead ahead, one likely to be accompanied by serious downward corrections in stocks, bonds (except long-dated US Treasurys), … Continue reading
Posted in Main Page
Comments Off on Rosenberg and Pomboy Part 2: Market Hell Ahead?
