The U.S. Now Has:1. Record $17.7 trillion in household debt2. Record $12.4 trillion in mortgages3. Record $1.6 trillion in auto loans4. Near record $1.6 trillion in student loans5. Near record $1.1 trillion in credit card debtTotal mortgage debt is more than double the 2006 peak and total credit card debt is up ~50% since 2020.In Q1 2024 alone, ~9% of credit card balances and 8% of auto loans (annualized) transitioned into delinquency.Higher rates are taking their toll on consumers with record high debt balances.How much longer can consumers hold on?
The Bear Room, page-1626
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Last
$2.17 |
Change
0.055(2.61%) |
Mkt cap ! $2.754B | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.17 | $2.15 | $2.518M | 1.166M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 35859 | $2.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.17 | 187058 | 24 |
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| Last trade - 10.15am 12/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |