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Browsing Tag

wealth effect

2 posts
TTop stories
'Running off the cliff': An explosion of household debt has put the US economy in a tough spot
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‘Running off the cliff’: An explosion of household debt has put the US economy in a tough spot

  • June 21, 2026
Americans’ swelling household debt is a warning, SocGen says. The bank said US consumers are borrowing more but…
TTop stories
Soaring Household Debt Is a Warning to the US Economy: SocGen
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Soaring Household Debt Is a Warning to the US Economy: SocGen

  • June 21, 2026
America’s swelling debt pile bodes ill for the the US economy, Société Générale said. In a recent note…
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