Consumer Credit
Americans continue to deleverage. See this Financial Times article. According to the article the outstanding balance on credit cards is 22.7% below its 2008. peak.
posted by CR English at 8:29 AM
Solas!
The on going thoughts & musings (sometimes random, sometimes not) of Lumen Capital Management,LLC.
Friday, September 07, 2012
Previous Posts
- Bad Returns At Hedge Funds
- an tSionna {09.04.12} Nasdaq Qs
- an tSionna {09.04.12-VGK}
- Chart Week {or two?}
- Positioning.
- Current Fundamentals and Valuation
- Headwinds
- an tSionna {08.27.12}
- End of Summer {Where We Stand}
- Godspeed Neil Armstrong
About Me
- Name: CR English
- Location: Illinois, United States
NOTICE: This Website is for informational purposes only & does not constitute a complete description of the investment services or performance of Lumen Capital Management, LLC. {Herafter LCM} This website is in no way a solicitation or an offer to sell securities or investment advisory services except, where applicable, in states in which LCM is registered or where permitted to do business or where an exemption or exclusion from registration exists. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance. This site may include market and security analysis All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade and/or speculate in the markets. Any investments, trades and/or speculations made in light of the written or visual material expressed or implied herein, are committed at your own risk, financial or otherwise. From time to time LCM, its clients and Mr. English may hold positions in mentioned securities. LCM is a Registered Investment Advisor. Our ADV Part II is available upon Request.
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