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11-16-2022 – FED Report: Household Debt Soars at Fastest Pace in 15 Years

11-16-2022 – FED Report: Household Debt Soars at Fastest Pace in 15 Years

FromInvestTalk


11-16-2022 – FED Report: Household Debt Soars at Fastest Pace in 15 Years

FromInvestTalk

ratings:
Length:
47 minutes
Released:
Nov 17, 2022
Format:
Podcast episode

Description

The biggest contributors to the debt load are mortgage balances, which rose $1 trillion from a year ago to $11.7 trillion, and credit card debt, which climbed to $930 billion. Today's Stocks & Topics: GEO - GEO Group Inc., Selling Losses in a Roth I-R-A, AQN - Algonquin Power & Utilities Corp., VTIVX - Vanguard Target Retirement 2045 Fund Investor, BRKB - Berkshire Hathaway Inc. Cl B, Mortgage Market, LEU - Centrus Energy Corp., AL - Air Lease Corp., CFLT - Confluent Inc., FRG - Franchise Group Inc., Home Equity Line of Credit (HELOC).Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Released:
Nov 17, 2022
Format:
Podcast episode

Titles in the series (100)

In today's ever changing global economy, understanding investment options can be a daunting, time-consuming task. With all the opinions and hearsay that can bombard investors, education is a key component to success. That's why more and more savvy investors are tuning into InvestTalk. InvestTalk is a weekday program that looks at new and relevant investment topics each weekday, and answers questions about financial and retirement planning, money management as well as general concerns about the stock market with financial adviser, Steve Peasley.