CONSUMER CREDIT IMPROVES MARGINALLY

Consumer credit continues to show some marginal signs of life as the Fed reports that total consumer credit rose by $1.4B in November.  The gains were led by continuing strong auto sales.  Revolving credit continued to deteriorate at a -6.3% annual rate.

About Post Author

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