NY Fed: Credit card debt sees biggest increase since 2021 & auto loan debt rises 1.3% in Q2

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CNBC’s Steve Liesman reports on new data from the New York Federal Reserve. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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Comments

Steve Loks says:

No landing huh ????

teebone 21 says:

Time for americans to STOP SPENDING

Common Sense says:

Looks like the banks and government are all getting defaults for Christmas this year!
How American – what's good for the US government must be great for the US citizens, right?!

free88 says:

Oh yeah, consumer is doing great. No recession in sight. Nothing bad can come out of this.

Sawan Patel says:

Just wait until student loan repayments resume…this winter will be a dark one.

michael myers says:

Americans are tapped out. They are using credit to make ends meet. The precursor to economic failure.

Max Mustermann says:

Solution
Brrr brrr brrrr

neverevenheardofit says:

Americans are irresponsible. Poor people should not be spending on vacations

Chris says:

The boomers are doing a great job. The View watchers agree

kdarfaig says:

Confidence from having a job right? The 4% increase is not a "jump". The same thing can be spun as a positive of negative. Nasdaq YTD "jumped" though, that is true.

J Dingle says:

Its just going to keep ballooning. Until something snaps.

Anthony says:

Everything is overvalued! ??????

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