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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (220708)9/15/2009 2:04:19 PM
From: Think4YourselfRead Replies (3) | Respond to of 306849
 
Ah, the good old shopping spree before defaulting on the credit cards after losing your job. Unemployment up, retail sales up, and credit card defaults up. Everything is looking up, so we're "probably" out of the recession all right. Good job Bernanke!



To: Smiling Bob who wrote (220708)10/1/2009 11:28:35 AM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
DFS 16.29 up on short covering?
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From 2 weeks ago
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Financial companies, meanwhile, reported worsening consumer credit. JPMorgan Chase & Co (NYSE:JPM - News) said its annualized credit card charge-off rate rose to 8.73 percent in August, while Discover Financial (NYSE:DFS - News) said credit card defaults hit a 26-year high.


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