conraddobler
I want my 2$
- Joined
- Sep 1, 2002
- Posts
- 20,052
- Reaction score
- 237
http://finance.yahoo.com/news/1stqt...4.html?x=0&sec=topStories&pos=6&asset=&ccode=
Had an old CEO who watched consumer loan delinquency rates "credit cards are the best proxy nowdays" like a hawk, rising rates indicate a looming recession, declining rates indicate a looming recovery.
Overall the problems are still historic, but during this saga you'll find a lot of periods of calm.
This dosen't mean the stock market is going to the moon, and it dosen't mean everyone will be fine, it just means we should see a solid bounce from here soon.
Had an old CEO who watched consumer loan delinquency rates "credit cards are the best proxy nowdays" like a hawk, rising rates indicate a looming recession, declining rates indicate a looming recovery.
Overall the problems are still historic, but during this saga you'll find a lot of periods of calm.
This dosen't mean the stock market is going to the moon, and it dosen't mean everyone will be fine, it just means we should see a solid bounce from here soon.
