Consumer Debt: the Good, the Bad and the Scary
We promised last week that we would be paying close attention to consumer debt this year, and what better time to begin. The Federal Reserve conveniently just released its Consumer Credit statistics report for last November. This latest release shows…
2018: The Highlights and the Lowlights
Taking a look back at the year that just ended can sometimes give us a glimpse at what’s to come. We’re not sure that’s a good thing this time around but as they say, “forewarned is forearmed”. The first warnings…
Federal Reserve Bumps Up Rates
Happy New Year! The Federal Reserve’s Open Market Committee voted this week to increase the target Fed Funds rate by 25 basis points. This marks the ninth such increase since beginning the gradual rate rise campaign in December of 2015…