this is a short diary because it's going to reference some key filings
and let you draw your own conclusions
- http://paper-money.blogspot.com/...
The Federal Reserve calculates and published the total amount of CP outstanding every week and as of the latest published period, commercial paper outstanding is continuing to contract though a slow pace, registering just a 3.97% decline year-over-year.
- consumer debt declines 9% http://www.clearonmoney.com/...
which is good long term but bad short term.
3consumer confidence is sinking http://www.conference-board.org/...
yep...
5 months before an election and its in the tank......
heckofajob rahm