The average third party collection totaled $1266 in the third quarter, just off the lowest level since Q4 2006.... Read More
Household debt broken down by delinquency status... Read More
Credit card debt surpassed pre-pandemic levels in the third quarter.... Read More
Mortgage originations slowed markedly for the fifth quarter in a row.... Read More
Outside the U.S., the world's money supply continues shrinking at a fast pace.... Read More
The United States economy seems to be caught in a tug-of-war state in which investors are equally unsure whether recession can be avoided or if it is certain. We take a look at economic strength measures to understand what might be ahead. ... Read More
A comparison of the assets and liabilities of the wealthiest Americans versus the rest of the country... Read More
Inflation across the globe is at levels not seen in the last 40 years. Housing has been one of the main factors of persistent inflation and soaring rent prices are a consequence. ... Read More
Light rail usage in San Francisco remains just a third of pre-pandemic levels, perhaps because so many tech workers remain remote.... Read More
A breakdown of the work-from-home crowd... Read More
Household debt in the U.S. rose to $16.15 trillion in the second quarter.... Read More
Consumers are being cautious with their lines of credit, using just 21% of their credit limit.... Read More
People under 30 and over 70 hold a relatively small amount of debt compared to other age groups.... Read More
The average third party collection totaled $1239 in the second quarter, just off the lowest level since Q4 2006.... Read More
Household debt broken down by delinquency status... Read More
Outstanding credit card debt remains below pre-pandemic levels. This was likely due to a lack of spending options during quarantines alongside increased savings accounts from government stimulus checks.... Read More
Mortgage originations slowed markedly in the second quarter.... Read More
Economists are forecasting a dramatic slowing in July payrolls. This potentially creates a "disappointment" in risk markets (stocks), where a strong labor report continues to embolden the Fed to stay aggressive in hiking rates.... Read More
A Bloomberg survey still puts the odds of a recession over the following year under 50%.... Read More
Economists are skeptical about a nearing recession in the U.S. Even with the strength of the labor market adding confusion to the debate, a second consecutive quarter of negative GDP growth and the bear market in stocks are typically signs a recession is underway.... Read More