Apr 19 2009
Credit Cards and Auto Loans: $2.5 Trillion Outstanding Consumer Debt. If you can’t find a Qualified Borrower or Buyer still lend the Money.
One of the many problems that led up to the economic crisis was easy access to debt. This included easy access to home loans, auto loans, and credit cards. You would have a hard time finding a reputable source that would argue otherwise. Yet in the latest release of consumer credit data from the [...]
Jan 8 2009
Economic and Investing Forecast for 2009: 10 Charts Showing no Economic Rebound in 2009.
Today the ADP National Employment Report stated that private sector jobs fell by a much larger than expected 693,000 in December. This report stunned on the downside and is a prelude to the Bureau of Labor and Statistics report which comes out on Friday. The market also suffered its worst one day since early December. [...]
