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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Crimson Ghost who wrote (25443)1/28/2005 12:24:19 AM
From: ild  Read Replies (3) of 110194
 
<<< woes for the financially strapped and people living paycheck to paycheck>>>

Then how come that most financial companies have been reporting improving credit quality of consumers.

Interesting that personal bankruptcy filings fell just 3.5% yr/yr from 2003. This compares to 5.2% and 14% yr/yr increases in 2003 and 2002, respectively.
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