Tag: GDP

The Calm Before The Storm?

Somebody slipped a Mickey Finn in the drinking fountain at the NYSE today. Seriously though, it was one of the calmest trading days in several weeks. The volume wasn’t through the roof, yet it wasn’t lacking a great deal either; just right. The futures were up strong overnight causing the major indices to gap up

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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

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