The following chart shows the annual change in total revolving credit owned and securitized.
Click to enlarge.
Just when you think there is some hope, here we go again.
Forehead. Desk. Whack. Whack. Whack.
Source Data:
St. Louis Fed: Custom Chart
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Q2 GDP Tracking: Solid Early Look
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From Goldman:
We lowered our *Q2 GDP tracking estimate by 0.1pp to +3.3% (qoq ar)* and
our domestic final sales estimate by the same amount to +2.7% (qoq ...
51 minutes ago
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Spin your partner round and round,
Sporkfed
Sporkfed,
Square dance or amusement park ride? Tough call!
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