SI
SI
discoversearch

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

To: russwinter who wrote (69264)9/1/2006 8:34:10 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
I just logged onto my credit union account and saw a link for "Skip your Visa Payment" -- turns out, for $10, I can skip one month's payment without penalty, but of course keep paying interest etc. (or start paying interest, in my case).

What's interesting to me is that I've been banking with this CU for more than 20 years, and I've never seen such a promotion; and it's coming in late August/early Sept, not around or just after Christmas as I'd expect. It's like their customer base (or all of VISA's) can't stop themselves from piling on the debt for vacations they can't afford.

Probably not a good sign...



To: russwinter who wrote (69264)9/1/2006 10:40:59 PM
From: Perspective  Read Replies (4) | Respond to of 110194
 
That would explain the downward pressure on the TNX yields. So, why are they doing that *now*? Convinced that the Fed is done, the recession is on, and yields have nowhere to go but down now?

Do you know if this is "smart money" - how are the large specs on timing events like this?

BC



To: russwinter who wrote (69264)9/2/2006 9:59:46 PM
From: Arran Yuan  Respond to of 110194
 
Looks like commercials are always buying when Yen falls, freecotcharts.com


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News