American credit card balance increase
[Education News]
・The price of US bonds has been rising for 4 consecutive weeks, and interest rate cuts next year are high.
・On Wall Street, a simple strategy to invest in the S&P 500 was successful, and the year-to-date increase rate was 24%.
・Iran denied involvement in the attack on merchant ships in the Red Sea, and the US government insisted on deep involvement.
・US personal consumption expenditure (PCE) statistics for November
The core-based price index falls short of market expectations, and there is a high possibility that a reduction in US interest rates next year will be observed.
The PCE core price index rose 0.1% from the previous month and fell below market expectations of 0.2%.
・US consumers
2023 also stimulated the economy with high-end restaurants and revenge trips.
Much depends on debt.
As shown in the figure, credit card balances have increased rapidly, and the average annual interest rate has exceeded 20%, reaching a record high.
In addition to this, exhaustion of savings and economic unease due to the COVID-19 pandemic have had an impact on consumers.
・Ministry of Land, Infrastructure, Transport and Tourism expert meetings
As a response to the “2024 problem” in the logistics industry, we have compiled recommendations to raise fares paid by shippers by an average of 8% in order to promote improved treatment for drivers.
It is based on a system relating to proper freight rates in the logistics industry, and takes into account increases in raw material prices and fuel costs.
The recommendations also recommend additional compensation for truck backloading and unloading luggage, and the Ministry of Land, Infrastructure, Transport and Tourism has a policy of announcing estimated fares after consultation at the Transportation Council to be held next month.
Although guidelines are not enforceable, the Ministry of Land, Infrastructure, Transport and Tourism has the authority to request improvements for unreasonably low fares.
・Views on education
It is the basis for the Fed's interest rate cuts, and it is suggested that the pressure on rising prices is easing.
Since there is also a possibility that an increase in personal income will stimulate consumer spending, I recognize that it is a careless judgment to think that the crisis of rekindling inflation has passed.
Also, credit card balances have increased rapidly, the average annual interest rate has exceeded 20%, and when it has reached a record high, there is no soft landing, and when the economy falls into recession, the number of unemployed people increases rapidly, and household finances cannot be balanced.
Furthermore, payments are delayed, and crime rates, etc. tend to increase.
#インフレ
#賃上げ
#米国債
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
【心理学×投資】テクニカル分析/LIVE配信366DAY ＝先進国40：新興国60 /企業案件３社/登壇実績/
410Followers
1966Following
1472Visitors
Follow