{"id":519470,"date":"2010-04-07T15:03:00","date_gmt":"2010-04-07T19:03:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/the-market-is-tanking-on-the-weak-consumer-credit-number-2010-4"},"modified":"2010-04-07T15:03:00","modified_gmt":"2010-04-07T19:03:00","slug":"the-market-is-tanking-on-the-weak-consumer-credit-number","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/519470","title":{"rendered":"The Market Is Tanking On The Weak Consumer Credit Number"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b8e70a47f8b9ac97af90200-272-204\/freefall-jump-plunge-parachute-paratrooper-army-military.jpg\" border=\"0\" alt=\"freefall jump plunge parachute paratrooper army military\" width=\"272\" height=\"204\" \/><\/p>\n<p>Wow, haven&#8217;t seen a decline like this in a awhile.<\/p>\n<p>The Fed just came out with some very ugly consumer credit numbers, and the Dow is now down about triple digits.<\/p>\n<p>On a sequential basis, consumer credit fell 5%, way worse than expected.<\/p>\n<p><a href=\"http:\/\/www.federalreserve.gov\/releases\/g19\/Current\/\">Here&#8217;s the full announcement from The Fed<\/a>.<\/p>\n<p>Below is the chart:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bbcda967f8b9afa48e00400\/consumercredit.png\" border=\"0\" alt=\"consumercredit\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/the-market-is-tanking-on-the-weak-consumer-credit-number-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/eglRBzkPuW8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wow, haven&#8217;t seen a decline like this in a awhile. The Fed just came out with some very ugly consumer credit numbers, and the Dow is now down about triple digits. On a sequential basis, consumer credit fell 5%, way worse than expected. Here&#8217;s the full announcement from The Fed. Below is the chart: Join [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-519470","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/519470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=519470"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/519470\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=519470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=519470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=519470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}