• Knave Dave
    05/23/2016 - 18:16
    This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve...

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

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Thu, 09/08/2011 - 07:46 | 1645424 digitlman
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.

Thu, 09/08/2011 - 07:55 | 1645431 LongSoupLine
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.

Thu, 09/08/2011 - 08:01 | 1645442 PaperBear
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.

Thu, 09/08/2011 - 08:07 | 1645447 Silverhog
Silverhog's picture

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

Thu, 09/08/2011 - 08:13 | 1645455 janus
janus's picture

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

short heavy.

free money.

afternoon BLOODBATH!

Thu, 09/08/2011 - 08:30 | 1645487 ArkansasAngie
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

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