Posts Tagged ‘
Credit Card Debt ’
Nov 18th, 2008 |
By Chuck Butler |
Category: Financial News, US Dollar & Forex Trading
What will Paulson say? Dollar remains well bid… How long for Safe Haven buyers? G-20 Schmee 20! And Now… Today’s Pfennig!
Tags: Chuck Butler, Citgroup, Credit Card Debt, Euro recession, Eurozone, G-20, Global Currencies, Hank Paulson, Japan recession, Personal Bankruptcy Filings, PPI, Recessions, TARP, US dollar, US recession
Posted in Financial News, US Dollar & Forex Trading |
Nov 14th, 2008 |
By Chris Gaffney |
Category: Financial News, US Dollar & Forex Trading
Data shows just how bad things are… Trade deficits narrow… EU confirms they are in a recession… RBA intervening again… And Now… Today’s Pfennig!
Tags: Bailout Package, Chris Gaffney, Consumer Lenders, Credit Card Debt, Germany recession, Global Currencies, Home Loans, Initial Jobless Claims, Mortgage Market, Oil Prices, Personal Bankruptcies, Retail Sales, Strong Dollar, Trade Deficits, US dollar, US Jobless Rate, US stocks
Posted in Financial News, US Dollar & Forex Trading |
May 29th, 2008 |
By Chuck Butler |
Category: International Investing
Fisher talks tough… GDP revision today… A$ remains resilient… Norges Bank keeps rates unchanged… Sounding Like A Hawk…
Tags: , auto industry, Credit Card Debt, Dollar Strength, ECB, Eurozone, fed, Fischer, Germany unemployment, Global Currencies, Inflation Rates, Kohn, Norges Bank, recession, US dollar
Posted in International Investing |
May 28th, 2008 |
By Chuck Butler |
Category: Politics & Economics
Yesterday, I left you with the thought that the London traders had been buying dollars since they arrived back from their three-day Holiday weekend. The U.S. traders did the same… And I believe profit taking was the order of the day.
Tags: , ATM, AUD, CHF, Consumer Debt, Credit Card Debt, Credit Cards, dollar, economics, EUR, euro, Falling House Prices, Food Prices, gas prices, George Soros, Home Price Index, JPY, NOK, oil, politics, Rba, Warren Buffett
Posted in Politics & Economics |
May 15th, 2008 |
By Peter D. Schiff |
Category: Politics & Economics
For those holding out hope that the American economy can miraculously avoid a long and deep recession, consumer credit is often viewed as the wonder drug that can cure all manner of economic ills.
Tags: , Consumer Credit, Credit Card Debt, credit crisis, economics, EFX, Equifax, Henry Paulson, JPM, politics, recession
Posted in Politics & Economics |
Apr 30th, 2008 |
By Richard Daughty |
Category: Politics & Economics
“Total debt everywhere, like Old Man River, just keeps rolling along, like a snowball rolling downhill, getting bigger and bigger, which is such a strange mix of metaphors that I realize that I am completely confused and frightened.”
Tags: Accrued Liabilities, Consumer Debt, Credit Card Debt, Economic Catastrophe, Government Debt, Great Depression, subprime crisis, Subprime Loan
Posted in Politics & Economics |
Apr 29th, 2008 |
By Gary North |
Category: Politics & Economics
The tax rebate of 2008, which is scheduled to begin this week when the first checks go into the mail, is the latest example of American mercantilism in action.
Tags: Credit Card Debt, Dave Barry, Economic Science, Economic Stimulus, Economy Of China, fed, IRA, Keynesian Economics, Mercantilism, National Consumption, recession, Tax Rebate, tax-free money
Posted in Politics & Economics |
Apr 19th, 2008 |
By Porter Stansberry |
Category: International Investing
Looking at the credit data, it seems people have begun to stop paying their bills in order, from most expensive to least. Houses came first – that’s the most expensive bill. Autos came second.
Tags: china, Credit Card Debt, energy prices, Equifax, FNM, Food Prices, gas tax break, Global Markets, LEN, Oil Prices, Oil Sector, Reit
Posted in International Investing |
Apr 18th, 2008 |
By Dan Denning |
Category: International Investing
Can we talk about the Australian economy for just a moment today? First, some nitpicking. Today’s Australian has a headline that reads, “Credit card debt slows to 13-year low.” That would lead you to believe that something good has happened in the economy. But has it?
Tags: Australia, Australian Economy, china, China imports, consumer spending, Credit Card Debt, inflation, interest rates, precious metals, steel sector, Visa Ipo, WDS
Posted in International Investing |
Apr 9th, 2008 |
By Robert Williams |
Category: ETFs
Late credit card payments and outright defaults have soared in recent weeks. The most recent data says that “dead” balances written-off as uncollectible by banks have jumped 24% from a year ago. Late payments are up 16%. Can this be linked to the subprime mortgage meltdown? Our research says it is.
Tags: Adjustable Rate Mortgages, Citigroup, Credit Card Debt, Credit Crunch, ETFs, Living Expenses, Mortgage Meltdown, subprime crisis, Visa Inc
Posted in ETFs |