Economy
Third Party Collections
November 22, 2024
The average third party collection stood at $1705 in the third quarter.
The average third party collection stood at $1705 in the third quarter.
Household debt broken down by delinquency status
Credit card debt is now 31% higher than it was pre-pandemic.
Mortgage originations remain well off the peak set in 2021.
Some interesting charts from our recent posts
In the latest installment of Talking Data, Jim discusses the investment case for the bond market.
Today's topics include how low will they go?, Fedspeak, 24/7 markets?, what's driving rates & stocks higher?, do the Chinese have a debt problem?, tight credit spreads unlikely to cheapen soon, Buffett's cash pile, and the AI bubble
Jim Bianco joins Bloomberg Radio to explain why the Fed does not need to cut interest rates with Tom Keene and Paul Sweeney.
Today's topics include the state of the U.S. consumer, stock market demographics, which types of tax cuts create growth?, cash is king, an alternative idea to fix the housing market, waiting on the next bear market to buy in, and traders shoot for the moon with bitcoin options
Today's topics include labor market tightness & inflation, breaking down inflation's contributors, the Fed's wait & see approach to Trump 2.0, insiders are selling, an eye on credit card delinquencies, Nvidia drives the market, foreign holdings of U.S. treasuries, corporate spreads remain near record tight, and a deep dive on the effect of tariffs