11-16-2022 – FED Report: Household Debt Soars at Fastest Pace in 15 Years

InvestTalk

English - November 17, 2022 00:56 - 47 minutes - 43.1 MB - ★★★★ - 719 ratings
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Previous Episode: 11-15-2022 – What Is the Average Net Worth of Generation X?

Next Episode: 11-17-2022 – Retail Strength Indicator: What Can We Learn from Anticipated Soft Holiday Sales?

The biggest contributors to the debt load are mortgage balances, which rose $1 trillion from a year ago to $11.7 trillion, and credit card debt, which climbed to $930 billion.

Today's Stocks & Topics: GEO - GEO Group Inc., Selling Losses in a Roth I-R-A, AQN - Algonquin Power & Utilities Corp., VTIVX - Vanguard Target Retirement 2045 Fund Investor, BRKB - Berkshire Hathaway Inc. Cl B, Mortgage Market, LEU - Centrus Energy Corp., AL - Air Lease Corp., CFLT - Confluent Inc., FRG - Franchise Group Inc., Home Equity Line of Credit (HELOC).

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