Nov 06, 2009 - 4:24 PM EST
Consumer credit fell again in September actually picking up pace from the August decline. The total decline was 7.2% year over with revolving credit increasing its decline to 13.3%. De-leveraging continues as consumers continue to fix their balance sheets. The stock market, of course, could care less.
Source: Seeking Alpha (Nov 06, 2009 - 4:24 PM EST)