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The party's over.
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The debt remains.
Source Data:
St. Louis Fed: Custom Debt Growth Chart
St. Louis Fed: Custom Debt Chart
Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, The *initial weekly ...
11 hours ago
1 comment:
Some argue that the debt is dangerous and I cannot disagree.
However, I would argue that continuing to party is even more dangerous. It is the debt that made it possible.
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