Interesting article regarding consumer debt... it's doing the opposite to what people are thinking compare to the GFC.
"Since February, credit-card debt is down 17 per cent in Australia, 11 per cent in Canada and 14 per cent in Britain. In the eurozone, credit-card debt and other forms of revolving credit for households fell 5 per cent between February and June"
In the US, total outstanding credit-card debt fell by 11 per cent, or $US100bn, between February and the end of June, according to Equifax. April was the largest monthly drop in revolving credit on record,
During the 2008 financial crisis and other recessions, delinquencies rose when the unemployment rate increased. This time, the number of credit-card accounts in the US that are late on payments has fallen by more than a third, according to Equifax. Most lenders don’t include accounts that are in deferment in their delinquency rates.
- Forums
- ASX - By Stock
- ZIP
- $8 Party
$8 Party, page-564
-
- There are more pages in this discussion • 933 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
|
|||||
Last
$2.40 |
Change
0.120(5.26%) |
Mkt cap ! $3.114B |
Open | High | Low | Value | Volume |
$2.35 | $2.43 | $2.25 | $56.09M | 23.76M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $2.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.40 | 231123 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 2.380 |
2 | 7247 | 2.370 |
2 | 5313 | 2.360 |
2 | 9000 | 2.350 |
4 | 29086 | 2.340 |
Price($) | Vol. | No. |
---|---|---|
2.400 | 7160 | 5 |
2.410 | 68184 | 5 |
2.420 | 188686 | 9 |
2.430 | 99556 | 9 |
2.440 | 156741 | 8 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online