More Signs of a Credit Contraction in Full Force
Dallas Fed monthly "Banking Conditions Survey" tells all
Highlights
The retail sales data show a return of consumer frugality…
… as do the latest round of retailer earnings reports and the slump in same store sales
Equity market math just doesn’t work — all paths lead to lower rates
Canada recession call moves from forecast to reality
Keep reading with a 7-day free trial
Subscribe to Early Morning with Dave to keep reading this post and get 7 days of free access to the full post archives.