household-debt | iCloud.Info

household-debt

99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says

Thu, 12/07/2023 - 11:51

Tech Insider : Economy, Economy

Shoppers at Bryant Park's Winter Village shopping area in Manhattan, New York. — Shoppers at Bryant Park's Winter Village shopping area in Manhattan, New York.
Lindsey Nicholson/Getty Images

economy, Markets, Markets, JPMorgan, economy, Recession, Savings

A veteran economist just echoed Elon Musk and Michael Burry's warning that Americans are drowning in credit-card debt - and he says the economy will pay the price

Thu, 12/07/2023 - 08:22

Tech Insider : Economy, Economy

Michael Burry and Elon Musk — Michael Burry (left) and Elon Musk.
Getty

economy, economy, us-economy-and-markets, consumer-spending, Inflation, Recession, interest-rates

Americans notched the biggest annual increase in credit card debt on record last quarter

Tue, 11/07/2023 - 15:30

Tech Insider : Economy, Economy

credit cards — Joe Raedle/Getty Images

economy, Markets, economy, economic-outlook, new-york-federal-reserve, federal-reserve, credit-cards

Global debt hit an all time high of $307 trillion in the first half of 2023 - and developed economies like the US are piling it up at a faster pace

Wed, 09/20/2023 - 08:44

Politics Washington DC Money — Getty Images

Markets, mi-exclusive, global-debt, institute-of-international-finance, IIF, debt-to-gdp, us-debt

Investors are forgetting the 'pain before the pivot' - and failing to see the debt disaster ahead, expert warns

Wed, 09/06/2023 - 05:36

Stephanie Pomboy — Macro Mavens founder Stephanie Pomboy.
John Lamparski/Getty Images

Markets, mi-exclusive, Markets, Stocks, us-markets-and-economy, stephanie-pomboy, macro-mavens

Subscribe to household-debt