Wuhan underwent the largest quarantine in human history. The data suggests it might not have been successful. The rest of the world is now approaching a similar position to Wuhan when it implemented its ban on travel and contact.
Today's topics include Covid-19 Updates on The Stock Market, China's Response, How Bad?, Life In Quarantine, Comparing to SARS and Swine Flu, Economic Fall-Out, Unintended Consequences
Today's topics include tracking Covid-19, Eurozone growth slowest in seven years, earnings' response to the coronavirus, Blackstone's growth, mom and pop millionaires, U.S. stocks vs. world stocks: earnings and returns, bond fund flows continue to set records, and stock market sentiment.
Household debt in the U.S. grew to $14.15 trillion in the fourth quarter.
Credit limits in the U.S. have surpassed pre-crisis levels, but utilization rates remain low.
Student loan debt has grown at an astronomical rate since the financial crisis.
People under 30 hold a relatively small amount of debt compared to other age groups. Student loans make up the largest portion of their debt.
The percentage of consumers with debt at a collection agency has fallen over the past couple years, although the average collection amount has risen over the same period.
Household debt broken down by delinquency status
The fourth quarter saw $752 billion in mortgage origination, the largest quarterly total since 2005.
Select charts from our recent posts