$15.7 Billion per month will be removed from the economy as student loan payments resume in October (taking away from sectors relying on discretionary spending such as retail, hospitality, and entertainment)Stockmarket
$15.7 Billion per month will be removed from the economy as student loan payments resume in October (taking away from sectors relying on discretionary spending such as retail, hospitality, and entertainment)
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...