"As can be seen in the Chart of the Day below, the acceleration in income growth is more than offsetting the deceleration in revolving credit growth and has served to buttress total household consumption capacity.  Income growth and household consumption capacity are both at 6-qtr highs and should remain near current levels in 2Q as well." -Hedgeye U.S. Macro analyst Christian Drake, Early Look, 5/12/17

Income Growth Is At An 18-Month High - CoD Consumption Capacity 5 12 17