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consumer spending

Car Sales Have A Long Way To Fall

The past decade’s historically low interest rates convinced millions of Americans to buy cars they could only afford with hyper-cheap credit. This made auto sales

Why We Feel So Poor, In Two Charts

Among the many things that mystify economists these days, the biggest might be the lingering perception, despite six years of ostensible recovery, that the average

The Bubble is Back

For all those analysts (including this one) who thought the debt binge of the previous decade marked end of the Age of Leverage, well, not

Too Sad To Be Funny

The following three stories would be funny if the picture they paint wasn’t so sad. First this: Second-Mortgage Misery Almost 40% of homeowners who took

Zero Fees Gold IRA

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