Chart of the Day: Foreclosure & Delinquency Data Say Something

In a weekend blog post I illustrated the market’s view of the present state of U.S. housing (bullish). Keeping with that theme — by way of foreclosure and mortgage delinquency rates — here’s more evidence from this telling sector that the U.S. consumer-driven economy, not to mention the financial condition of the U.S. consumer him/herself, remains in pretty decent shape:

Chart courtesy of Bespoke Investment Group


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