Seeking Alpha

The Wolf Street Report: March 10, 2019

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Includes: DDM, DIA, DOG, DXD, EEH, EPS, EQL, FEX, FWDD, HUSV, IVV, IWL, IWM, JHML, JKD, OTPIX, PSQ, QID, QLD, QQEW, QQQ, QQQE, QQXT, RSP, RWM, RYARX, RYRSX, SCAP, SCHX, SDOW, SDS, SFLA, SH, SMLL, SPDN, SPLX, SPUU, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPY, SQQQ, SRTY, SSO, SYE, TNA, TQQQ, TWM, TZA, UDOW, UDPIX, UPRO, URTY, UWM, VFINX, VOO, VTWO, VV
by: Wolf Richter
Wolf Richter
Long/short equity, special situations, contrarian, debt
Summary

On the surface, consumer debt is a smaller risk factor than it was before the Financial Crisis.

But the averages conceal the reality that income & wealth disparities leave in their tracks.

Overall consumer debt has reached a new record of $13.5 trillion.

The Risks of American Consumer Debt Hide Beneath the Averages

On the surface, consumer debt is a smaller risk factor than it was before the Financial Crisis. But the averages conceal the reality that income & wealth disparities leave in their tracks (11 minutes):

Editor’s Note: The summary bullets for this article were chosen by Seeking Alpha editors.