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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (120846)	7/14/2016 9:02:06 AM
From: bart13	Read Replies (2) \| Respond to of 218633

However total consumer debt is less than half of mortgage debt. True, but total debt has been growing since about 2011 Lots of homeowner equity to be tapped which along with new fiscal spending next administration in a very low rate environment keeps the party going a few more years? Yes, probably. Fed activities are in an "ends justify the means" mode as shown partly by the failure to raise rates, plus recent comments about doing anything needed if and when another recession shows up. M2 is also growing at around 7%, total credit at about 5.6%, real estate credit at 6.4-7.1% lately.

To: John Vosilla who wrote (120846)	7/14/2016 10:25:43 PM
From: RetiredNow	Read Replies (2) \| Respond to of 218633

The debt problem now is sovereign debt, as well as over-leverage in foreign banks. The thing I worry about is corporate earnings in the US have had what 5 or 6 quarters of earnings declines in a row? and we're about to have another down quarter? How is that not a recession? The only thing holding stocks up is record high central bank balance sheet expansion across the developed world and Asia, but stocks are not the economy. More of an example of how the system is rigged for the 1%. We all get richer as the middle class is destroyed and the poor lose purchasing power and suffer wage stagnation.