Monday, February 14, 2011

New York Fed Macro data

Especially check out charts under Household Debt and Credit > " Consumer Debt" + "Delinquencies"

The data proves the fact that banks are holding back and not foreclosing on delinquent homeowners.

Also it shows an amazing growth in the amount of Home Equity debt and Student Loan taken on during the last 10 yrs. This might also explain the success of the online education universities plus the student loan delinquency rates.

I would recommend bookmarking this page as it has some excellent data.

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