Economy – Page 39 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Weak income growth should hold back US consumer spending

FDIC: US banks reported a record $40.3 billion in accounting gains in Q1 2013

US: Declining savings and deleveraging leads to releveraging

Apple: Tax gimmicks could hurt the brand

Moody’s: U.S. banking system outlook changed to stable as economy improves

On European rebalancing and Germany’s excess savings

Feedback Loops

Zero rates mean Americans are giving up on Certificates of Deposits

China: Some thoughts on investment and consumption

Some thoughts on negative deposit rates at the ECB