Dividend logo

A quickly growing economy isn’t always a good thing, especially when it comes to personal finances.

Yes, there have been plenty of wealth generation and job growth. All in all, consumers are feeling pretty good about their prospects. That’s the good news. The bad news is that this overconfidence breeds some less-than-ideal behaviors.

We’re talking about rising levels of consumer debt.

According to the latest survey from the Federal Reserve, Americans are accumulating debt at an alarming rate. And, as we’ve seen before, situations like this usually don’t end well for the economy, consumers or the market. Will rising debt be the straw that finally breaks the camel’s back? There’s a good chance that it might.

Want to retire in peace? Follow our Retirement Center.

To read the Full Story, Go Premium or Log In

Popular Articles

Practice Management

3 Must-Read Pieces for Practice Management: April 22 Edition

Every two weeks, we bring you a curated list of must-read articles geared towards helping you...

News

Lowe's Companies Inc. Leads 35 Securities Going Ex-Dividend This Week

There are 35 securities going ex-dividend this week starting Monday, April 22. For income...

Premium Healthcare%20sector
News

The Market Wrap for April 19: Healthcare Drags the Shortened Trading Week

The long-awaited binge of quarterly reports is finally here. So far, the earnings picture has...