Here's an indication that the US consumer is ready to engage in another round of releveraging.
This is the year-over-year change in revolving consumer credit (read: credit cards) usage.
FRED
Keep an eye on this chart.
(HT: @soberlook)
Here's an indication that the US consumer is ready to engage in another round of releveraging.
This is the year-over-year change in revolving consumer credit (read: credit cards) usage.
FRED
Keep an eye on this chart.
(HT: @soberlook)
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