04Dec

Defaulted Borrowers Don’t Understand How Debt Works

Over the past two years, a trend has emerged in US consumer debt: people are borrowing more, but defaults are rising.

As I reported at the end of November, according to the latest Quarterly Report on Household Debt and Credit from the New York Fed’s Center for Microeconomic Data, total household debt increased by $116 billion to reach $12.96 trillion in . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible

Author

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk

Related Posts

Mutual funds flow
16Oct

First Domestic Equity Mutual Fund Inflows Since 2007: Goldman

By

Goldman Sachs analysts Amanda Sneider, David J Kostin, Stuart Kaiser, Ben Snider, Rima Reddy and Aaron Woodside present a report on titled all-new ‘Mutual Fundamentals’, which looks at some... read more

Flattening Yield Curve
16Dec

Morgan Stanley: Watch For Flattening Yield Curve With Rate Increases

By

With the US Federal Reserve raising interest rates by 25 basis points on Wednesday, there was a degree of flattening yield curve even though the US Ten Year note... read more

Sub-sector calls Barclays PLC
27Jun

Barclays PLC Dark Pool Penalty Could Hit £ 2 Billion: SocGen

By

New York Attorney General sued Barclays PLC (NYSE:BCS) (LON:BARC) for its alleged mismanagement of its dark pool, though the amount of damages and restitution remain unstated. Andrew Lim and team... read more

long-term savings systems Marc Faber, Gloom Boom & Doom Report October 1987 crash, perma-bears, bearish, stock market crash, economic recession, S&P 500 crash, The Great Money Illusion; The Confusion Of The Confusions , Riding the Millennial Storm: Marc Faber's Path to Profit in the Financial Markets, Tomorrow's Gold: Asia's Age of Discovery, bubbles everywhere hyperinflation
12Jul

BoA: 50% of S&P 500 Could Be Extinct Within A Decade

By

At the beginning of 2017, JP Morgan published a report on the importance of diversification. The report was astonishing because it laid bare the sheer difficulty investors face picking... read more

Stock Investment Lesson Pain
28Apr

Eco Oro Minerals – Another Tough Gig For The Activists

By

In the second major week of proxy season, it’s been a tough gig for the activists. Consolidated-Tomoka Land and GAM Holding both saw management slates re-elected, while Wells Fargo’s... read more

04May

JPMorgan: Red Flags Are Appearing

By

The stock market has seen strong gains following the election of US President Donald Trump, but “key positive catalysts are behind us now” as “weaker seasonals approach,” a JPMorgan... read more

Russia
05Nov

Firebird Management’s Two Picks For Investing In Russia

By

There’s a host of reasons why you would want to steer clear of investments in Russia right now. The hostilities with Ukraine could still develop into a larger confrontation with... read more

Risk Parity
01Jun

Cliff Asness: Risk Parity Is Even Better Than We Thought

By

Get The Full Series in PDF Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your tablet, or email to your... read more

Barry Rosenstein Walgreens
02Aug

Barry Rosenstein's Jana Buys Japan Airlines, Oil States; Sells Gold

By

Barry Rosenstein is putting his money in Japan Airlines Co Ltd (TYO:9201) and Oil States International, Inc. (NYSE:OIS), Kelly Bit reports for Bloomberg. Jana Partners sold all its gold assets in February,... read more

19Sep

Jobless Claims ‘Beat’ Forecast Due To Backlog Of Unprocessed Claims

By

Jobless claims are up 15,000 to a seasonally adjusted 309,000, beating consensus expectations, but that number is probably just an artifact of two states changing the way they process... read more

Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 12/31/2019 or after next 25 subscribers take advantage whichever comes first – please do not share this discount with others

 

0