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Strategies & Market Trends : Value Investing

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geoffrey Wren
Lance Bredvold
petal
To: Madharry who wrote (71518)11/5/2022 2:37:18 PM
From: JohnyP3 Recommendations  Read Replies (2) of 78751
 
Household savings rate at its lowest since 2006 and we know what was starting in 2006:



tradingeconomics.com

Credit card accounts exploding:



My conclusion? The consumer is tapped out and using plastic.. at the current interest rates the problem will surface pretty soon.
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