DOW Jones back close to 22000 levels
DOW Jones back close to 22000 levels – but for how long this time? The Dow Jones Industrial Average on Friday 1st September moved to just under 22000, but only just. It closed at: 21987 but with intra day highs above 22000. The NASDAQ closed at a record high of: …
UK consumer credit
UK consumer credit Latest figures from the Bank of England (BoE) show UK consumer credit rose by 9.8% and is now at £201.5 billion. This figure excludes mortgage lending. That’s high, even though it was the lowest since April 2016. Debt in the UK and globally is unsustainably high! Is …
Wall Street slides
Wall Street slides. At the bell yesterday (23/08/17) the DOW Jones Industrial Average, The S&P 500 and NASDAQ where all down. Much of the uncertainty stems from Donald Trump’s threat to ‘shut down government’ if funds are not secured to build the Mexico/US wall! Doesn’t inspire much confidence does it …
What is the relationship between interest rates, consumer spending & debt?
Interest rates, consumer spending and debt What is the relationship between interest rates, consumer spending & debt? If personal debt levels are rising to abnormal levels again and if the UK recovery is relying on the consumer to spend more – surely the UK’s low interest rate policy is simply …