Jump to content


Actionable The Uglies

  • Please log in to reply
No replies to this topic

#1 Russ Winter

Russ Winter

    Grizzly Bear

  • Moderators
  • PipPipPip
  • 1,089 posts

Posted 17 June 2009 - 08:36 AM

A chart from the Fed follows up on the credit card item I posted yesterday.  Seems (and logically) that credit card default (charge offs) is directly correlated with the unemployment rate. If so, some ugly numbers lay ahead.

To me it looks like the subprime situation has overshot. The old AAA subprime tranches are trading at [...]

View the full article

1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users

Stock market portfolio giving you the runs? See Dr. Stool.
The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!