61. I plan to redeem the Prudential shares and pay off the consumer debt next January. 62. Imbalances in the current market include the potential for overvaluing in the stock market and heavy levels of consumer debt, Hughes said. 63. In September, for example, consumer installment debt grew at the slowest pace since February, according to Federal Reserve credit statistics. 64. In the months ahead, higher borrowing costs, rising levels of consumer debt and a slowing economy could cause home sales to weaken even more. 65. In the months ahead, higher borrowing costs, rising levels of consumer debt and a slowing economy could cause home sales to taper off. 66. Instead, Barnard blamed high consumer debt for the reported shopping slowdown. 67. Investors will get more information on consumer debt Monday, when the Federal Reserve reports May consumer borrowing. 68. Insurance company shares also pushed the index lower, driven by concern about rising consumer debt and delinquencies, and increasing health care costs. 69. It would take another decade and the arrival of runaway inflation to bring consumer debt into the mainstream. 70. Lawyers attribute the increase in caseload to a variety of reasons, including changes in the legal rules for filing for bankruptcy and high levels of consumer debt. |