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CDSP peaks are a possible lagging indicator of recession starts

Consumer Debt Service Payments as a Percent of Disposable Personal Income (FRED:CDSP)  
MayaUndefined  
FRED:CDSP   Consumer Debt Service Payments as a Percent of Disposable Personal Income
Trend Analysis Fundamental Analysis Beyond Technical Analysis debt consumer recession
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trendanalysis fundamental beyondta debt consumer recession
The new CDSP numbers are in for the previous quarter (consumer debt as percentage of household disposable income) .

Large spike up in consumer debt loads as people are burning through their last cash and borrowing to keep up their life style before the crash. Goldman-Sachs claims that retail has unloaded their positions from the bull run. Thanks to @FXEvolution for the article.

DotCom and GFC also had similar spikes.

If a recession has already started, then earnings season will be bad. This fact is what can put us on the path to SPX ~3300-3500

What to do:

If the CDSP in the future starts to spike down, it may be an indicator that a recession has already started. Check back in 3+ months.
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