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Monday, January 26, 2015 9:28:46 AM
The US Economy Continues To Look Stronger And Stronger
* January 26, 2015
There's nothing wrong with using a little bit of borrowed money to finance purchases. For businesses, financing with debt is cheaper than financing with equity.
One of the things that's dragged on the economic recovery was the deleveraging of consumer and business balance sheets.
However, that trend has reversed notably.
"The Fed’s weekly bank lending data (released Friday) shows a continued acceleration in credit growth in the first two weeks of 2015, see chart below," Deutsche Bank's Torsten Slok said.
"The US economy continues to look stronger and stronger."
http://www.businessinsider.com/fed-weekly-bank-lending-up-2015-1
George.
* January 26, 2015
There's nothing wrong with using a little bit of borrowed money to finance purchases. For businesses, financing with debt is cheaper than financing with equity.
One of the things that's dragged on the economic recovery was the deleveraging of consumer and business balance sheets.
However, that trend has reversed notably.
"The Fed’s weekly bank lending data (released Friday) shows a continued acceleration in credit growth in the first two weeks of 2015, see chart below," Deutsche Bank's Torsten Slok said.
"The US economy continues to look stronger and stronger."
http://www.businessinsider.com/fed-weekly-bank-lending-up-2015-1
George.
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
gtsourdinis
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