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Consumer Debt Looks Bad, But Markets Aren’t Panicking
More households are falling behind on debt, but the broader economy and stock market are not showing the kind of stress that would point to another Great Recession.
Chuck Zodda and Mike Armstrong discuss why consumer debt problems are painful for individual families but have not become a market-moving crisis. They also break down whether El Niño could soften winter heating costs, why some Medicare Advantage plans are disappearing, why Robinhood’s AI agents probably will not help investors beat the market, how personalized pricing could make consumers feel even more ripped off, and why rising…
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