Today's topics include weighing the dual mandate, funding market pressure & a QE revival, more evidence of the K-shaped economy, more private companies means smaller investable public universe, what do people think about cash these days?, Chinese exports take a hit, and crypto bear market
Household debt in the U.S. stood at $18.59 trillion in the third quarter.
Credit utilization has returned to pre-pandemic levels.
People under 30 and over 70 hold a relatively small amount of debt compared to other age groups.
The average third party collection stood at $1623 in the third quarter.
Household debt broken down by delinquency status
Credit card and mortgage debt are both at least 34% higher than pre-pandemic.
Mortgage originations remain well off the peak set in 2021.
Some interesting charts form our recent posts
In the latest installment of Talking Data, Jim discusses funding market stress.
Today's topics include breaking down yesterday's oral arguments on tariffs, the Treasury's quarterly refunding statement, uncertainty at the Fed, what the next round of "not QE" might look like, treasury seasonal patterns, stocks for the long run, and crypto's correlation to other assets