Consumer Borrowing Increased In January, A Good Omen For Stocks

March 10th, 2010 admin

Consumer borrowing increased in January for the first time in a year, the Federal Reserve has reported, in what is definitely a bullish sign for the stock market. The increase, according to LowCards.com, is even more significant  since it occurred despite another drop in credit card loans. According to the Federal Reserve, total consumer borrowing rose to


Originally posted on CTWatchDog

 
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