Since the pandemic began, Australians have spent $114bn more on retail than you'd expect based on a continuation of the pre-pandemic trend. $5bn more in April alone.Ausfinance
Since the pandemic began, Australians have spent $114bn more on retail than you'd expect based on a continuation of the pre-pandemic trend. $5bn more in April alone.
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...