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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (30738)4/15/2005 6:14:17 PM
From: russwinter  Read Replies (2) | Respond to of 110194
 
Commercials have a extremely large Yen bet on, you just have to wonder why? Not really the case with other currencies, so personally I suspect that's it. Watch and learn. Liquid way to play Asian currency adjustments, as the Japanese will stand aside and let their appreciate too, quid pro quo with the Chinese.

Consumer lending post Xmas continues to really look flat, a borrowers strike:

12/29/2004 704.2
01/05/2005 703.9
01/12/2005 699.5
01/19/2005 697.9
01/26/2005 698.0
02/02/2005 693.7
02/09/2005 692.0
02/16/2005 699.8
02/23/2005 700.5
03/02/2005 700.6
03/09/2005 700.4
03/16/2005 703.2
03/23/2005 704.3
03/30/2005 707.2
04/06/2005 705.0

A little more in home equity LOC, but add the two together and the percentage growth is well below 2003 and 2004:

01/05/2005 404.0
01/12/2005 405.1
01/19/2005 405.8
01/26/2005 406.8
02/02/2005 406.8
02/09/2005 406.3
02/16/2005 406.7
02/23/2005 408.0
03/02/2005 408.9
03/09/2005 412.6
03/16/2005 414.8
03/23/2005 416.7
03/30/2005 417.8
04/06/2005 418.1

And another new low for the year on consumer confidence, wonder what today's will look like, when folks take in this week's market:
rasmussenreports.com