Fed charts not showing much financial stress in the US. The financial stress is now centered in the EZ.
Read it at Tim Duy's Fed Watch
Measures of Financial Stress
by Tim Duy
I'm still not sanguine about the level of financial stress in the US. Private debt is still way too high and incomes are not keeping up. While we may be experiencing a breathing spell, I would not say we are out of the deep water yet by a long shot. The continuing pile up of student debt is especially worrisome for the future, both financially and economically. Again, "the rent is too damn high."
I'm still not sanguine about the level of financial stress in the US. Private debt is still way too high and incomes are not keeping up. While we may be experiencing a breathing spell, I would not say we are out of the deep water yet by a long shot. The continuing pile up of student debt is especially worrisome for the future, both financially and economically. Again, "the rent is too damn high."
