This is always a good post from Business Insider. My contribution was kind of obvious, given that I’ve focused so much on household debt trends in the last 5 years:
“The U.S. economy has been mired in a 5 year de-leveraging cycle following the housing bubble that wreaked havoc on household balance sheets. The latest Z.1 Flow of Funds report from the Federal Reserve showed the first year over year % increase in household debt since the financial crisis started. This is a clear sign that the household credit crisis is coming to its final chapters and that the US economy is officially stepping out of a very nasty chapter in US economic history.”
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.