Today's Economic Data Docket - Trade Balance, Jobless Claims, Consumer Credit And The Chairman

Tyler Durden's picture

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digitlman's picture

These consumer credit gains are not good news.  This is people now paying for weekly groceries on the credit cards because they don't have enough money in the bank account.

LongSoupLine's picture

Bernank is prepping for his speech by running to Walgreens and grabbing an industrial tube of "K-Y Jelly for Middle Class applications".  Wait...scratch that, he's going dry with a glue and glass shards application.

PaperBear's picture

Gold/silver off to the races again - $1,856/oz and $42.45/oz - and with gold having no overhead resistance until $1,920/oz, WATCH OUT.

Silverhog's picture

He should try Gorilla glue, has a nice foamy action to fill your hole.

janus's picture

dow dives today...eerie calm out there -- go look at futures.

short heavy.

free money.

afternoon BLOODBATH!

ArkansasAngie's picture

The pickup in growth—if sustained—could be evidence that easier lending standards for consumers are starting to have an effect.

Another interpretation -- people are having to resort to credit ... again