banner

19_11

A Healthy Consumer A Positive For The Economy - Hello Friends as always i would invite you to join and Promote one of the world's premier top rated investment companies and pioneers in alternative assets: market investment in and purchasing of alternative asset classes including gold, precious metals, Bitcoin and other cryptocurrency for direct purchase investors, the vast US market of IRA, 401k and other retirement account holders, the Canada market for RRSP and TFSA holders (precious metals), high net worth individuals and families (HNWI), and more. Mutl-trillion dollar potential market with one of the highest paying affiliate programs in the world.

• Life changing income potential: up to $30,000+ commission for each and every referred customer transaction
• 100% free affiliate marketing program - No cost for you to join or participate in
• 3% commission on all gross client sales transaction amounts for all present and future sales and investment in precious metals and cryptocurrency
• You are also paid $30 - $100 for each qualified lead
• Example: average sale = $65,000 = $1,950 commission; sales easily = 6 and sometimes 7 figures. $100,000 sale = $3,000 commission and $1,000,000 sale = $30,000 commission
• Some affiliates have made $40,000+ to $100,000+ commissions in a single month
• Lifetime revenue share on customer transactions

Join NOW Exclusive Affiliate Program ✅ CLICK HERE Join Exclusive Affiliate Program

Disclosure: The owner(s) of this website may be paid to recommend Regal Assets. The content on this website, including any positive reviews of Regal Assets and other reviews, may not be neutral or independent.
The consumer is an important part of the economy as the consumer segment accounts for nearly 70% of GDP. As the current economic expansion continues to extend its record run in terms of length month after month, looking for excesses or bubbles is certainly warranted. However, one area that seems in decent shape is the consumer, yet some recent commentary seems to have some doubt with a focus on the growth in personal loan debt. This recent focus on the consumer can be seen in the chart below that shows the increased frequency of Google Trends searches on the term "strong consumer."



One recent article appeared in the The Washington Post, Personal loans are ‘growing like a weed,’ a potential warning sign for the U.S. economy. The article notes personal loans are up 10% from a year earlier. However, as the economy grows and as consumer incomes grow, a consumer's ability to service this debt is maintained or improved. As the below chart shows, the broader Financial Obligations Ratio remains at near a 40 year low at 15.0%.


Looking at household debt as a percentage of the economy or GDP is also useful. The below chart shows household debt levels as a percentage of GDP and debt levels as a percentage continue to trend lower and remain much improved over the pre-financial crisis level. Certainly government level debt is another issue, but the consumer's debt position remains healthy.


Looking at delinquency rates, the next two charts detail delinquency rates for all consumer loans with the second chart comparing delinquency and chart off rates for credit cards. Both charts are not pointing to a consumer in distress.



Consumer debt has grown; however, their ability to service it is much improved over the pre-financial crisis level figures. The consumer does appear to be in a strong position and this should lead to continued growth in the economy, all else being equal.

DIVERSIFY and GROW YOUR IRA WITH METALS and CRYPTOS
REQUEST YOUR FREE 2021 INVESTORS KIT
Kit includes information on our company, products and fees.
Bonus: you will also receive free DVDs and a 10 year anniversary silver coin.
✅ CLICK HERE Claim Your Free Investor Kit

your advertise here
Next article Next Post
Previous article Previous Post
Themeindie.com