http://biz.yahoo.com/ap/051207/consumer_credit.html?.v=4
This is what I was worried about, real potential for weak XMAS reatil. I don't know, but have we reached the point where not only rubber met the road,but horse won't drink?
FED has flooded crisis amounts of liquidity, debt at historic levels, plenty of reason for pause.
Article saying as many as 800K jobs might be lost if housing slowdown arrives.
D
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