Category Archives: Fed

Mortgage Debt Still Weighs on Consumers

By now the arguments that one reason the recovery is weak is that everyone is suffering from an overhang and excess of debt are well known.  Home mortgages as the largest portion of household debt in the US are the issue.   A glance at the Federal Reserve’s Flow of Funds data, released last Friday, shows that […]

  • CATEGORIES

  • Recent Comments

  • Tags