April 30, 2024 | Discover’s credit card charge-offs have steadily increased this year.

Why It Matters: While charge-offs are always concerning, the fact Discover’s clientele is largely lower-income Americans, suggests significant financial hardships are already underway.

Source: SoberLook

...
Read More

January 1, 2024 | Credit card delinquencies are on the rise, with an uptick in new 30+ day delinquencies.

Why It Matters: We’ve stressed the consumer’s critical role in a thriving economy. Signs of financial strain could spell trouble for economic stability.

Source: dailychartbook

...
Read More

February 20, 2023| Retail sales saw an unexpected boost this week, but the increase in credit card debt to finance spending will likely pose a long-term concern. We need to keep an eye on this risk, despite the near-term boost an increase in spending will provide. Source: thedailyshot

...
Read More

August 12, 2022 | Credit card spending continues to march upwards. While consumers may be funding higher prices with credit cards, spending is spending. More Spending = More Profits, which is good for markets. If spending slows down, look for markets to become more bearish. Source: @thedailyshot

...
Read More