EPISODE · Nov 17, 2022 · 47 MIN
11-16-2022 – FED Report: Household Debt Soars at Fastest Pace in 15 Years
from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
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).Our Sponsors:* Check out Chilipad and use my code INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands
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11-16-2022 – FED Report: Household Debt Soars at Fastest Pace in 15 Years
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