Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (11284)	11/24/2001 6:44:20 PM
From: LLCF	Read Replies (2) of 74559

<<According to our friends at ISI Group, not only is consumer installment debt as a percentage of personal income just about at an all-time peak, but, at over 21%, the ratio is strikingly, even ominously, higher than its reading of under 16% at previous recession bottoms. John and Jane Q. are plumb borrowed up, not an ideal precondition for a spending binge.>> Message 16698764 DAK

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