Charts of the Week
Breaking Down Household Debt by Age Group
May 19, 2023
People under 30 and over 70 hold a relatively small amount of debt compared to other age groups.
People under 30 and over 70 hold a relatively small amount of debt compared to other age groups.
The average third party collection totaled $1316 in the first quarter.
Household debt broken down by delinquency status
Credit card debt is now 10% higher than it was pre-pandemic.
Mortgage originations slowed markedly for the seventh quarter in a row.
Some interesting charts from our recent posts
Today's topics include talkin' markets and Fed, will upside economic surprises keep rates higher for longer?, updating debt ceiling projections, what happens after potential debt deal?, central bank forecasts during inflationary periods, commercial real estate, a look at corporate debt, and getting technical with tech stocks.
Today's topics include 10% T-bill yields?, Western Alliance updates investors on the bank walk, the Fed updates the bank walk, the effect of demographics on credit ratings, some hope for the soft landing crowd, small businesses more cautious on hiring front, crude oil supply vs. demand, and becoming a 1%er in different countries
Today's topics include confusing retail sales & inflation, stocks are asleep, the latest on the debt ceiling debates, fund managers remain extremely bearish, Fed officials push back on idea of rate cuts, refilling the SPR, more on the narrow stock market rally, don't blame first-time homebuyers for the rise in house prices, record share buybacks, the SEC is in no rush to explain crypto rules, return to the office stalling, and Chicago in trouble?