Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly

US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind for lenders ranging from banks to asset-backed securities investors. • None The Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It Began • None US…#brinkofchaos #sarahwolfe #bankofamericacorp #brianmoynihan #bloombergeconomics #tracychen #federalreservebank #siliconvalleybank #spglobalratings #johntoohig

Source: Reuters: Health - July 23, 2023 Category: Consumer Health News Source Type: news