There was a stunning series of charts in the latest Fed Survey...

There was a stunning series of charts in the latest Fed Survey on Bank Lending Practices. Measures of Supply and Demand for C&I Loansclick on chart for a sharper imageMeasures of Supply and Demand for Consumer Loansclick on chart for a sharper imageMeasures of Supply and Demand for Commercial Real Estate Loansclick on chart for a sharper imageThe above charts show a huge drop in the willingness of banks to lend and the willingness of consumers to borrow. Those charts are in addition to the obvious fallout in subprime residential. Car Dealers: 'Tenuous financial state' leaves consumers waryNew car sales fall as buyers shun debt

Комментарии

Отправить комментарий

Популярные сообщения из этого блога

Lubuklinggau Forex | Lubuklinggau Forex Broker | Lubuklinggau Forex Trading

Forex Lubuklinggau  is an international over-the-counter market, where currencies are traded. Due to the high liquidity and volatility, trading in the foreign exchange market has become an additional source of income. Daily turnover in the Forex Lubuklinggau  market exceeds all the world's financial markets. What is Forex Forex Lubuklinggau (also abbreviated as FX) stands for foreign exchange market. The main principle in the forex market is “buy cheap, sell expensive”, just like in any other market. Forex trading in Lubuklinggau  means the process of exchanging one currency for another. Traders make profit from the difference between Ask and Bid prices. There are two types of transactions on Forex, they are called positions or trades. It is either a position to buy, or a position to sell. Forex allows trading many currencies. More than 80 currency pairs are traded in the Forex market. Currencies are always traded in pairs. If you buy one currency, you sell anothe...
Далее...

BEA 4th Quarter GDP 1st Estimate 0.7% Q&A: Why Did GDPNow...

BEA 4th Quarter GDP 1st Estimate 0.7% Q&A: Why Did GDPNow Rise After Durable Goods? When are Construction Revisions Coming? STUART — A consumer watchdog group founded by Ralph Nader has come to the defense of a Stuart real estate broker who is being sued by Lennar Corp. The suit stems from the use of the home builder's name in a Web site that criticizes the quality of several of Lennar's houses. Public Citizen, based in Washington, is filing a friend of the court brief asking Judge Larry Shack to throw out Lennar's trademark infringement claims against Mike Morgan because his 'gripe site' is protected by the Constitutional right to free speech. 'The notion that you can't identify the subject of your criticism by using the name of the company you're criticizing is absurd,' said Paul Levy, a lawyer with Public Citizen. 'We think it's a matter of simple free speech.' The brief was sent overnight Tuesday for delivery to the Circuit Court ...
Далее...

I recently talked about some of the bailout plans in The Fatal...

I recently talked about some of the bailout plans in The Fatal Flaw in Housing Bailout Plans. But somehow I missed the 'Bear Stearns/EMC Mod Squad' to Help Keep Customers in Their Homes. BEA 4th Quarter GDP 1st Estimate 0.7% Q&A: Why Did GDPNow Rise After Durable Goods? When are Construction Revisions Coming? Mortgage Corporation, a leading mortgage servicer that has specialized in subprime and Alt-A loans for 15 years, announced the formation of the 'EMC Mod Squad' - a loan modification team dedicated to helping delinquent borrowers avoid foreclosure on their homes. Teaming up with local community groups, the EMC Mod Squad will meet with targeted groups of EMC Mortgage customers across the country. Concentrating on cities with higher numbers of at-risk EMC Mortgage customers, the team will conduct educational workshops and explore possible financial restructuring for these homeowners. The EMC Mod Squad is comprised of 50 designated loan workout specialists and EMC ...
Далее...