- For the three-year period ended 2025, the portion of families behind on loan payments soared from about 12% in the prior survey to nearly 20%, according to a Fed survey released Friday. - That was the highest level since 2010, just as the nation was recovering from the Great Recession. - Higher earners saw their net worth soar during the period, with those in the top income group reporting an increase of 31%. A reminder that credit is currently tightening after a looooooooong period of loose conditions. What were you buying the last TIME that credit was tightening in your investing career? 😂🤣 🤔 https://www.cnbc.com/2026/10/09/american-debt-delinquency.html This is the Way! 🏄♂️🌊
894 views
0 Comments
No comments available.
Join the conversation with 500,000+ other investors 💸
Create an account to get access to everything Blossom has to offer!
📊 Personalized algorithm based on your investing style, experience level and interests
📈 Powerful portfolio and dividend tracking tools
👀 See what top creators and others in the community are investing in
