[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[RT] Credit card debt spikes



PureBytes Links

Trading Reference Links

There's an interesting CNNMoney.com article at
http://tinyurl.com/2smvsk

Somewhat worrisome is the statement, "Economists believe that
consumers are being forced to rely more heavily on borrowing on their
credit cards with the collapse of the housing market, which has
depressed home prices and prompted banks to tighten up on lending
standards for mortgages and home equity lines of credit."

Not a good sign for companies that are dependent on continuing
aggressive consumer spending.





 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/realtraders/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/realtraders/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:realtraders-digest@xxxxxxxxxxxxxxx 
    mailto:realtraders-fullfeatured@xxxxxxxxxxxxxxx

<*> To unsubscribe from this group, send an email to:
    realtraders-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/