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Page 3 - Yield Curves News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FOXNEWS Cavuto Live June 4, 2024 15:07:00

consumer, aren t we? yeah, you know, charles, we have we are a little bit. we think consumer balance sheets are still pretty strong, but are we seeing credit card balances and revolving credit moving higher? we are. it s still less than pre-pandemic as a percentage of debt limits, but it is moving higher. and, obviously, if you have a rail strike, if we start to affect things where 40% of packaged goods are now going to be affected, 50% of commuter traffic on rails is boeing to be a23ebg9ed concern going to be affected, agriculture s going to be affected, obviously, it is going to have an impact on the consumer at a time when we re starting to look at a recessioning coming in 2023. you and i talk about the yield curves and the inversions that we re see ising there quite often. seeing there quite often. it s just more pressure to do that in an environment that we haven t had in 30 years. there there hasn t been a rail strike if since 1992. there could be a lot of follow through th

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