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Jan 06 2024

Consumers Ready To Crack?

  • Jan 6, 2024

There are reports that 40% with student loans did not make an initial payment when installments resumed in October. Meanwhile, among seniors aged 65-79, the share with a mortgage rose to 41% in 2022, up from 24% in 1989, while the percentage of those aged 80+ with a mortgage increased from 3% to 31% during the same time! 

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager