Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GraceZ who wrote (12678)	10/3/2004 9:29:17 AM
From: russwinter	Read Replies (1) of 116555

<trend has peaked and is heading down> This is a debt servicing chart, not a debt trend chart. The trend of taking on more debt has most certainly not turned down. Household debt from the 2Q, 2004 numbers is still rising about 7%, well above personal income gains. The ability to service that debt hasn't climbed only because we had a 1% Fed Funds rate when this chart was pulled together. But with rates slowly climbing, so will debt servicing requirements. Lots variable rate loans out there.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next