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 of Discipline Funds. Discipline Funds is a 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.

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