
Record credit-card debt levels are a mirage; consumers remain healthy
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<p>Odysseas Papadimitrou, chief executive officer at <a href= "https://www.WalletHub.com">WalletHub.com</a>, says that concerns over recent news about the nation's credit-card debt are overblown, in part because the numbers released recently by the Federal Reserve aren't adjusted for inflation. <a href= "https://www.wallethub.com/edu/d/household-debt-report/120725">WalletHub analyzed the numbers</a> and found that credit card debit levels relative to assets and other metrics show that the consumer is stronger than the Fed number suggests, which suggests that the consumer-driven economy can keep rolling. Also ont he show, Tom Lydon of <a href="https://www.vettafi.com">VettaFi</a> makes a currency hedged play on Japan his 'ETF of the Week,' Greg McBride of <a href="https://www.BankRate.com">BankRate.com</a> discusses the site's <a href= "https://www.bankrate.com/banking/checking/checking-account-survey"> annual checking account survey</a> which shows record levels of ATM fees -- though he argues that statistic is less important than it has been in decades -- and, in the Market Call, Ken Mahoney of <a href="https://www.mahoneygps.com">Mahoney Asset Management</a> discusses his GPS Method of buying companies that beat estimates and raise guidance. </p>
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Record credit-card debt levels are a mirage; consumers remain healthy
skiibii mayana