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'YOLO spenders' have created a 'super-duper' credit bubble in the US economy, top economist David Rosenberg says

Thu, 02/08/2024 - 15:22

Tech Insider : Economy

YOLO spenders have taken on a massive amount of debt — YOLO spenders have taken on a massive amount of debt recently.
Getty Images

economy, Markets, us-economy-outlook, consumer-credit, credit-card-debt, consumer-spending, yolo

US consumer debt fears are overblown as borrowing slows and inflation cools, Moody's chief economist says

Mon, 09/11/2023 - 05:42

Tech Insider : Economy

Mark Zandi Moody's — Mark Zandi.
(Tom Williams/CQ-Roll Call, Inc via Getty Images)

economy, mi-exclusive, mark-zandi, credit-card-debt, consumer-debt, Inflation, moodys-analytics

America's consumer-debt stress is mounting - mortgage rates top 7%, credit-card liabilities hit $1 trillion, and now auto-loan defaults are on the rise

Tue, 08/22/2023 - 05:18

Tech Insider : Economy, Economy

car dealer — The old-fashioned way to buy a car.
REUTERS/Carlos Barria

economy, economy, us-economy-and-markets, auto-loans, Automotive, consumer-credit, Loan

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