31 Aug 2016

Housing Relative Bright Spot In Otherwise Sub-Par Recovery, But Sustained Price Rise Risk

by | posted in: Credit, Economy | 0

In an otherwise lackluster post-Great Recession recovery, housing has provided decent support to the U.S. economy.  The only question is durability – or a lack thereof. Off post-bubble lows, sales of existing homes increased from a seasonally adjusted annual rate … Continued

3 Jun 2015

Any Connection Between ZIRP And U.S. Consumer Spending?

by | posted in: Credit, Economy | 0

U.S. consumer spending, accounting for >2/3rds of economy, key to growth Over last eight years, bank deposits have grown 80 percent But interest income suppressed due to ZIRP Do consumers always benefit from low interest rates?  At first glance, that … Continued