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
$3.25 |
Change
-0.110(3.27%) |
Mkt cap ! $4.243B | |||
| Open | High | Low | Value | Volume |
| $3.34 | $3.35 | $3.23 | $32.31M | 9.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 20480 | $3.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.26 | 50584 | 3 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |