Monday, February 7, 2011

Has Re-Leveraging Begun?

Non-revolving credit is now at new all-time highs and the revolving cliff dive has hit a bottom (i.e. it is turning up... for now).

1 comment:

  1. My hope is that the revolving credit re-leveraging in December reflects over-done holiday shopping, and that it will subside by this month.

    That may be more hope than analysis. . . .