About an hour before the market closed we got the reading of consumer credit from the Fed and it was just as expected. That’s right; the consumer has put a leash on spending as well as the institutions that lend. In fact, this was the first decline ($7.88 billion) since January of 1998 when consumer
Consumer Debt at 10 Year Low
About an hour before the market closed we got the reading of consumer credit from the Fed and it was just as expected. That’s right; the consumer has put a leash on spending as well as the institutions that lend. In fact, this was the first decline ($7.88 billion) since January of 1998 when consumer