Bill McBride — NY Fed Q1 Report: "Total Household Debt Rises for 19th Straight Quarter, Now Nearly $1 Trillion Above Previous Peak"

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 Risk
NY Fed Q1 Report: "Total Household Debt Rises for 19th Straight Quarter, Now Nearly $1 Trillion Above Previous Peak"
Bill McBride

Jonathan Spicer — Red flags emerge as Americans' debt load hits another record

How close is the US to a "Minsky moment" in the financial cycle?

Reuters
Red flags emerge as Americans' debt load hits another record

Jonathan Spicer

Zero Hedge — Student, Auto Loans Hit New All Time High Of $2.5 Trillion As Consumer Credit Jumps By $19 Billion

Six charts.

Zero Hedge

Student, Auto Loans Hit New All Time High Of $2.5 Trillion As Consumer Credit Jumps By $19 Billion

Submitted by Tyler Durden