The New CS Board

[jumanji0881]

Consumer Credit Explodes Higher As Americans Rediscover Their Love For Credit Cards : https://www.zerohedge.com/markets/consumer-credit-explodes-higher-americans-rediscover-their-love-credit-cards

My Comment : Debt, debt, and more debt

Excerpt:
in March aggregate consumer credit surged by $25.8BN, smashing expectations for the 2nd month in a row (as a reminder February was the biggest beat on record) and barely slowing down from last month's massive $26.1BN increase.

And while non-revolving credit - i.e., student and auto loans - continued its relentless ramp higher, increasing by $19.4BN in March, the most since June of 2020...