Consumer Credit Plunges
Nov 10th, 2006 | By Michael Shedlock | Category: Macro Economics
I have been waiting for the consumer to cave in for many months now. Given past reversals in consumer spending, one must question if the latest downturn is the real deal or just another outlier. In case you are wondering what I am talking about...here goes:
MarketWatch is reporting, “U.S. consumer ...read more

