Sharkey, Howes & Javer

Inside the Economy: Consumer Debt & Real Estate

Informações:

Synopsis

This week on “Inside the Economy”, we discuss consumer debt & real estate. Consumer debt continues to rise alongside a decline in the personal saving rate to pre-pandemic levels. Home prices have started to come down as mortgage rates rise above 5%, but what does this mean for new home buyers and the economy moving forward? Tune in to learn about this and more! Key Takeaways: • S&P 500 estimated earnings remain strong • Unemployment numbers shift lower • Oil back down to $90 • Major indices trend up in July