The American Balance Sheet Is Stronger—and More Unequal
The Federal Reserve’s 2025 Survey of Consumer Finances shows higher median income and wealth, but a wider gap between the…
The Archive
Tag: Capital Preservation
Consumers Are Borrowing—But Not Where the Market Expected
August credit flows were driven by nonrevolving balances while revolving credit contracted, separating financed purchases from day-to-day stress. Editor’s Note:…