For the first time in history, interest payments on non-mort...
For the first time in history, interest payments on non-mortgage debt in the US are equivalent to interest on mortgage debt, at $575 billion. Exactly 3 years ago, interest on non-mortgage debt was at $250 billion. This marks a 130% increase in household interest expense on non-mortgage items over just 3 years. Furthermore, 3 years ago interest on non-mortgage debt was HALF of interest on mortgage debt. Americans are "fighting" inflation with high interest rate debt. How is this sustainable?
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
Moo Live
Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
Reassessing Chinese Assets
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.