This week on Inside the Economy, we address consumer attitudes and market trends, specifically considering the S&P 500 entering correction territory. Revolving consumer credit as a percentage of disposable personal income is hovering around 6%, which has historically been considered a healthy level. Mortgage debt as a percentage of GDP continues to stay on track. What is the current level of foreclosures in the housing market compared to 2008? Are trends in auto delinquencies showing signs of concern? The S&P 500 has reached correction territory but may have also entered oversold territory. Could the correction be a sign of trouble, or simply volatility? Looking at the timeframe from election day to now, treasuries are now beating stocks. How might future Federal Reserve meetings impact treasuries? Tune in to learn more!

Key Takeaways:

• U.S. Core CPI at 3.1 (YOY)

• 30-year Mortgage rate at 6.65%

• S&P 500 1-year return of 10%