Loading...
Most Recent Posts
Three Things I Think I Think – Bonds, Bear Markets & ESG
Three Things I Think I Think – When Things Break
Is It Time to Panic?
Three Things I Think I Think – 3MM, Student Loans & Passive Investing
Three Things I Think I Think – 3 Minute Money, Inflation & Elon Buys Twitter
Most Recent Stories

CONSUMER CREDIT CONTINUES TO CONTRACT

Cullen Roche -

Still no sign of an end to the balance sheet recession as consumer credit continues to contract (via the Fed):

In August, total consumer credit decreased at an annual rate of 1-3/4 percent. Revolving credit decreased at an annual rate of 7-1/4 percent, and revolving credit increased at an annual rate of 1-1/4 percent.

Source: Federal Reserve

About Post Author

Cullen Roche

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

See author's posts

Tweet
Share
Share

Comments are closed.