2008-07-05 Valance Chart Review
July 08, 2008 at 10:11 AM EDT
[Skip to the end] Twin themes remain - weakness and higher prices. In Q2 2006 it seemed to me that the financial obligations ratio couldn’t get much higher which meant consumer debt could not grow at a faster pace. With the budget deficit in decline and the trade gap still widening, it would have taken increasing [...]