by Summary:
At some point private debt becomes unsustainable by income. There is nothing in the report to suggest that this point is closely approaching from the household side, however, although there has been some noise about rising corporate debt and its quality. Calculated RiskNY Fed Q1 Report: "Total Household Debt Rises for 19th Straight Quarter, Now Nearly Trillion Above Previous Peak"Bill McBride
Topics:
Mike Norman considers the following as important: US household debt, US private debt
This could be interesting, too:
At some point private debt becomes unsustainable by income. There is nothing in the report to suggest that this point is closely approaching from the household side, however, although there has been some noise about rising corporate debt and its quality. Calculated RiskNY Fed Q1 Report: "Total Household Debt Rises for 19th Straight Quarter, Now Nearly Trillion Above Previous Peak"Bill McBride
Topics:
Mike Norman considers the following as important: US household debt, US private debt
This could be interesting, too:
Mike Norman writes Jonathan Spicer — Red flags emerge as Americans’ debt load hits another record
Mike Norman writes Zero Hedge — Household Debt Rises By 2 Billion, Ends 2017 At All Time High
At some point private debt becomes unsustainable by income. There is nothing in the report to suggest that this point is closely approaching from the household side, however, although there has been some noise about rising corporate debt and its quality.
NY Fed Q1 Report: "Total Household Debt Rises for 19th Straight Quarter, Now Nearly $1 Trillion Above Previous Peak"
Bill McBride