• phone: 6047658873
  • fax: 888.253.4963
  • mobile: 6047658873
"I work for YOU, not the lender"

Blog by Linda M Linfoot

Evaluating the shocks hitting the U.S. consumer

October 1st, 2007

Reports of the death of the U.S. consumer — like Mark Twain’s — are often greatly exaggerated. Forecasters have many times predicted the impending collapse of consumer spending only to be proven dead wrong. This time around much of the fear stems from financial market fragility and the mechanisms for transmitting housing market weakness into consumer spending. But, financial market ...