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Msg  23634 of 23826  at  2/12/2019 12:33:36 PM  by

Rob_Hoosier


Hmmmm....is the end near?

 Will Dickie be hibernating under his bed soon?  Hmmm, hmmm, hmmm!!!
 

NEW YORK (Reuters) - Some red flags emerged for the U.S. economy late last year as riskier borrowers drove home automobiles, credit card inquiries fell, and student-loan delinquencies remained high, according to a report that could signal a downturn is on the horizon.

The household debt and credit report, published Tuesday by the Federal Reserve Bank of New York, showed that the overall debt shouldered by Americans edged up to a record $13.5 trillion in the fourth quarter of 2018.

While mortgage debt, by far the largest slice, slipped for the first time in two years, other forms of borrowing rose including that of credit cards, which at $870 billion matched its pre-crisis peak in 2008."



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Msg # Subject Author Recs Date Posted
23641 Re: Hmmmm....is the end near? leftyspade1887 1 2/12/2019 2:56:39 PM


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