​US Working Poor Hit By “Weaker Credit Metrics & Mixed Confidence” As Black Friday Nears – Tyler Durden

US Working Poor Hit By “Weaker Credit Metrics & Mixed Confidence” As Black Friday Nears Low-tier consumers are still stuck in a death loop of elevated inflation and high interest rates, unable to afford modern life while racking up insurmountable credit card debts and draining personal savings. Goldman’s Kate McShane and Mark Jordan sent clients a note on Monday morning providing a snapshot of the overall health of lower-tier consumers.  They found that the health of the lowest-income consumer remains “mixed.”  Our lower income activity dashboard analyzes a wide range of data across macro, industry, and higher frequency sources (e.g., app downloads, web…  — Continue at ZeroHedge News : Read More