Balances hit a record $866 billion in the 3rd quarter of 2022. The average is nearly $5,500.

Today’s unemployment numbers say one thing—but reports of growing layoffs are another.

Now at the highest level since January 2008, the short-term borrowing rate is in a target range of 3.75 to 4%.

The JOLTs report showed job openings increasing by 400,000 in September. There are now 10.7 million job openings.

Without exports, GDP would have been flat.

This past Spring, GM had 90,000 vehicles parked waiting for completion.

Last year, demand was high so retailers didn’t feel pressure to offer discounts. It’s different this year. Stores have excess inventory

1987's drop of 508 points was equal to 7,000 today.

Remember when the biggest issue for homebuilders was finding land to build on and the labor to do it?

The rally kicked in, finishing with a 1370 point swing to the positive.