Americans now have a combined $1.13 Trillion of credit card debt, according to a new report from the Federal Reserve Bank of New York
source : cnbc
New York Fed's Household Debt and Credit Report
Total household debt climbed by $212 billion in the fourth quarter of 2023 to $17.5 trillion, the New York Federal Reserve said in its latest quarterly Household Debt and Credit Report. Amid the rise in debt, delinquency rates and the transition into troubled status were both higher. source : cnbc
Who would have thought? Toyota Motor $TM is soaring (up another +7% on Tuesday) while Tesla TSLA is down -37% since July '23 high.
Source: Bloomberg
Daily Bitcoin ETF Cointucky Derby update.
Another net positive inflow day. But looks like the daily inflow streak has ended at 16 trading days for Ark/21Shares and Bitwise. Source: Bloomberg intelligence, James Seyffart
Market mood
Source: hedgeye
JUST IN: Michael Saylor’s MicroStrategy just bought another 850 Bitcoin worth $37.2m.
MicroStrategy now holds 190,000 Bitcoin worth $8.2 BILLION (vs. Market cap of $6.8 BILLION). Source: Bitcoin Archive
12 Financial KPIs every investor should know.
Source: The Investing for Beginners Podcast
New York Community Bank stock, $NYCB, the bank that acquired the collapsed Signature Bank, crashes another 25% today.
The stock is now down a massive 61% in 2024 to its lowest level since June 2000. Currently, roughly 40% of NYCB's assets are not under FDIC insurance. The stock's decline accelerated after the bank posted an unexpected $260 million loss in Q4 2023. Is the regional bank crisis back? Is it NYCB just the first domino to fall? Source chart: www.zerohedge.com
