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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: SeaViewer who wrote (49988)3/5/1999 4:55:00 PM
From: RealMuLan  Respond to of 132070
 
Here is some update about consumer credit from Yahoo:

Friday March 5, 4:34 pm Eastern Time
(Note: this article is ''in progress''; there will likely be an update soon.)

U.S. consumer credit buying shot up in January

WASHINGTON, March 5 (Reuters) - U.S. consumers went on a credit-buying spree in
January, a Federal Reserve report on Friday showed as installment purchases shot up by
$14.7 billion.

It was the strongest increase in credit-buying in more than three years, since a $16.3-billion
jump in September 1995 and was nearly five times the revised $3.1-billion increase posted in
December.

biz.yahoo.com



To: SeaViewer who wrote (49988)3/5/1999 5:44:00 PM
From: Knighty Tin  Respond to of 132070
 
Jeff, there is a follow up with the full story. Not only are retards on parade, they are parading on plastic. <g> This has got to kill any notion of a further bond rally and even give pause to Mr. Easy Credit Greenspan.

MB