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To: ild who wrote (155001)3/7/2002 10:26:31 PM
From: robnhood  Respond to of 436258
 
<< Bears will say the surge in consumer credit is a sign that consumers are strained and thereby tapping into credit to finance their expenditures. They'll also say that the surge in credit will only add to the consumers' debts.>>

Oh Really?



To: ild who wrote (155001)3/7/2002 10:30:48 PM
From: robnhood  Read Replies (1) | Respond to of 436258
 
<<Bulls will say that the increase in consumer credit shows that consumers are confident in the economy and that credit remains readily available >>

What do they know?



To: ild who wrote (155001)3/7/2002 10:38:45 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
consumer credit

federalreserve.gov



To: ild who wrote (155001)3/7/2002 11:39:47 PM
From: TheStockFairy  Read Replies (1) | Respond to of 436258
 
<<Consumer credit rose $12.9 billion in January, well above expectations for a smaller rise of $3.3 billion. And December was revised up sharply, from down $5.1 billion to up $1.8 billion>>

Now that's what I call a revision. No more of this mamby pamby couple million, let's revise $7 billion per clip.