Not exact matches
In the third quarter, the ratio of household
debt to disposable income rose to another record high of 165 %,
nearing the
peak of U.S. borrowing prior to the financial crisis.
Debt levels among elderly and
near elderly have decreased from their
peaks in 2010.
As of end - September 2017, margin
debt on the NYSE was a record $ 559.6 billion, which is to be expected as U.S. equity indices were also
near all - time highs, and stock market
peaks and record levels of margin
debt often coincide.
«According to the New York Federal Reserve, total credit card
debt peaked above $ 865 billion at the end of 2008 and, by early last year, it had fallen to around $ 660 billion — a
near 25 percent reduction in just over three years.
It's also nowhere
near the
peak of approximately $ 250 billion seen in 2006 and 2007, according to Keith J. Braddish, managing director at
debt and equity provider NorthMarq Capital.