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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%.
Author Archives: Danielle Park
Spending splurge bill coming due
The good news, as shown below, is that Spain, Canada and the UK are on track to have 70% of their populations fully vaccinated against COVID-19 within weeks (green shows the percentage with both shots and grey those with the … Continue reading
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Priced out
Friday, it was news that US consumer confidence fell 13% from July into August to 70.2 (vs 81.3 expected), the lowest since 2011. Yesterday, it was news that US retail sales for July—purchases at stores, restaurants and online—fell 1.1% compared … Continue reading
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The Long Shadow of Covid-19
This worthwhile discussion considers some of the lasting health impacts of COVID-19 and its potential economic implications. SPECIAL WEBCAST | The Long Shadow of Long Covid: An Economic Threat https://t.co/vdxWLi2tCA via @hedgeye — Keith McCullough (@KeithMcCullough) August 18, 2021 Here … Continue reading
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