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 Federal […]
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. […]
How Does Oil Impact the Economy? 3 Major Areas of Economic Consequence: The Impact on Inflation, Consumer Spending, and Auto Sales.
2008 will go down as the year with the highest market volatility. Crisis after crisis seemed to hit us like a continuous barrage of waves from the ocean of economic news. The housing market continued to collapse resembling a housing market so weak, we have to go back to the Great Depression to find a […]