Consumers’ Willingness To Lever Up = Retail Sales Tailwind

posted in: Credit, Economy | 0

Retail sales up three months in a row, following three straight declines PCE, which includes services, probably better gauge of consumer behavior How consumer spending fares depends on consumers’ willingness to lever up Once every month, U.S. markets await with … Continued

Double whammy for U.S. economy — revolving credit down, savings rate up

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Tremendous growth in student and auto loans (non-revolving) over the years First back-to-back drop in revolving consumer credit in February since June-July 12 Consumers holding back, even as they are saving more – not enough juice for U.S. economy The … Continued

If one were to believe NFIB survey, faster earnings growth awaits U.S. employees

posted in: Credit, Economy, Equities | 0

Heard yesterday on Bloomberg Radio that U.S. consumption of boats and RVs is through the roof; RV sales are back to pre-Great Recession days, even as sales of boats are below that watermark but remain very healthy.  These items tend … Continued