Related Topics
Interest Rates , Investing , US Markets

U.S. “Debt Bomb” Has Gone Off

by Editorial Staff
Updated: March 10, 2023

Stretching back to the 1980s, contractions in the U.S. consumer debt reflected a certain condition in the economy.

Well, adjusted for inflation, consumer debt in the U.S. has now been contracting for two years.

That may sound like a good thing... but first, take a look at this chart in the new video by our Financial Forecast co-editor, Peter Kendall.

Unlock Now with a Free Account

Already have an account? Login Here

Create a free account and join Club EWI. We’ve helped over ½ million traders and investors learn to use Elliott waves. You get:

  • Full access to Elliott Wave Principle — Key to Market Behavior
  • Exclusive articles and interviews with our analysts
  • Invitations to access our premium analysis