US Consumer Defaults Are On The RiseRupert Hargreaves
“Recent economic data including June's payroll report and retail sales appear to suggest the positive momentum in consumer spending which emerged in Q2 is carrying over to start Q3. This picture, however, seems at odds with the rise in consumer delinquencies we documented last month. What then explains this conundrum? Should investors conclude that recent consumer strength will lead to lower consumer delinquencies in coming quarters?” – UBS Evidence Lab
Last month Matthew Mish and Stephen Caprio at UBS put out a research report about why US consumer defaults are rising, a concerning developing trend that . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.