Our strengthening economy may trump the sequester.
Consumers may have finished deleveraging; debt levels increased during the fourth quarter of last year. You can see more on the NY Fed's blog that is named after its address, Liberty Street. http://goo.gl/DEKL8
If, indeed, consumers have the confidence to take on more debt, perhaps this housing rebound will continue to be the third leg of the stool that supports this economic expansion. Economic expansions tend to support stock market expansions as well.
Consumers may have finished deleveraging; debt levels increased during the fourth quarter of last year. You can see more on the NY Fed's blog that is named after its address, Liberty Street. http://goo.gl/DEKL8
If, indeed, consumers have the confidence to take on more debt, perhaps this housing rebound will continue to be the third leg of the stool that supports this economic expansion. Economic expansions tend to support stock market expansions as well.
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