Americans' debt soars near Great Recession levels, even as wealth levels rise: Fed data
Americans' debt has soared near levels not seen since the wake of the Great Recession - a cause for concern even as most families have seen their wealth increa…


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3 stories in the last 7 days, reading strong bearish overall. The last day ran at 12.0× its usual pace.

| Day | Mood | Stories |
|---|---|---|
| Sat, Oct 10 | — | 0 |
| Fri, Oct 9 | −79.4 | 2 |
| Thu, Oct 8 | — | 0 |
| Wed, Oct 7 | — | 0 |
| Tue, Oct 6 | — | 1 |
| Mon, Oct 5 | — | 0 |
| Sun, Oct 4 | — | 0 |
| Sat, Oct 3 | — | 0 |
Americans' debt has soared near levels not seen since the wake of the Great Recession - a cause for concern even as most families have seen their wealth increa…

Researchers found that while wealth disparities narrowed somewhat, the ability to meet debt payments deteriorated significantly.

A reader writes: "We'd better get real quick or we're going to have a financial crisis that makes the Great Recession of 2008 look like a picnic."
The number of adults who are "not in the labor force" (NILF) surged to an all-time high in June to 105.8 million, according to figures from the Federal Reserve…

The personal savings rate fell to its lowest level in roughly four years on Thursday

The typical home flip netted investors just $65,981 in gross profit last year, or a 25.5% return on investment, according to real estate data provider ATTOM.

The Great Freeze is almost as bad as the aftermath of the Great Recession if you're looking for a job
Credit scores falling at fastest pace since Great Recession, Q4 investment outlook

Job "switchers" generally see wages grow at a faster pace than those who stay in their current role. However, that trend has reversed.
Gartner's stock suffered its worst day since 1999, as a historic drop in CEO confidence led the IT consultant to cut its revenue outlook.
The once-fierce watchdog is dropping consumer cases against companies and processing far fewer complaints.
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