Credit card debt has now surpassed $1 trillion, with interest rates having risen in tandem. It appears that consumers are financing inflationary prices via debt: t.co/sjXnsH9CPW
— Reef Insights (@ReefInsights) May 14, 2024
Investor sentiment has shifted significantly today
Now, only 17.7% people expect a recession in 2024
Compared to 45% who anticipate a no landing
Multiple economic indicators still point to a H2 2024 recession – Don’t make the consensus mistake pic.twitter.com/UsRPoxIBv1
— Game of Trades (@GameofTrades_) May 14, 2024
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