4 ms·
Household debt is not at record highs... Auto Loans and Student Loans are getting more problematic, but no reason to go all chicken little. Tend to agree gener
by wfbarks 8y ago
Household debt is not at record highs... Auto Loans and Student Loans are getting more problematic, but no reason to go all chicken little.
Tend to agree generally that we are approaching the apex of the cycle, and that share buybacks may be creating a sort of short term thermal.
- vivafrance 8y ago> Household debt is not at record highs Ummm, yes it is: https://www.cnbc.com/2018/02/13/total-us-household-debt-soars-to-record-above-13-trillion.html https://www.cnbc.com/2018/02/13/total-us-household-debt-soar...
- wfbarks 8y agoMeh... You have your facts and I have mine... https://fred.stlouisfed.org/series/TDSP https://fred.stlouisfed.org/series/TDSP and https://fred.stlouisfed.org/series/HDTGPDUSQ163N https://fred.stlouisfed.org/series/HDTGPDUSQ163N
- vivafrance 8y agoYour facts are measuring something different. The first measures the service payments. The second measures debt to gdp. Talk about moving the goal post.