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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (244343)	6/6/2003 5:51:08 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 436258

>>Consumers, although debt heavy, do not owe so much that it will force them to sharply pull back their spending, which will be troublesome for an economy struggling to gain traction. A stabilization in the jobs market and steady income growth will stave off borrowers from falling into a deep hole, according to economists. Moreover, many cardholders who are also homeowners have paid down their credit card bills with money freed up from mortgage refinancings, Moody's senior credit officer, William Black, told Reuters.<< oh yea... and i heard this morning that RE valuations are higher than ever and equity is as low as it's ever been... sounds bullish.