The latest figures from Morningstar DBRS have stirred concerns in the finance industry, pinpointing a negative shift in U.S. credit card metrics. The Q1 2024 report indicates a worrying increase in the average net charge-off rate to 4.2%, a significant rise from the 3.6% seen in the previous
In 2023, the U.S. faced a banking crisis, with the collapse of Silicon Valley Bank (SVB) and three other mid-sized banks capturing national attention. Although government interventions stabilized the initial turmoil, leading economists, including Viral V. Acharya and Raghuram Rajan, raised concerns
Sure, here's how the content would be formatted with appropriate header tags: In recent times, the single-family housing market's pulse has been measured keenly through the NAHB/Wells Fargo Housing Market Index (HMI). This index, based on the opinions of prominent home builders, gauges current
The US economy is a constantly changing entity, shaped by forces like inflation, consumer spending patterns, and the general public's economic confidence. These factors together sketch the broader economic scenario that's both complex and impactful. Exchange-Traded Funds (ETFs) such as SPY and RSP
