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SPXT - Expecting 'Stimulus?' Household Credit Explodes Higher
September, 20 2021 09:03 AM
ProShares S&P 500 Ex-Technology
As three rounds of “stimulus payments” got spent, households returned to spending on credit. While the monthly cost of the mortgage and health insurance may not change, the rest of the necessities do. Most Americans cannot increase consumption, the driver of economic growth, without further increasing debt burdens. For further details see:
Expecting 'Stimulus?' Household Credit Explodes Higher
Stock Information
Company Name:
ProShares S&P 500 Ex-Technology
Stock Symbol:
SPXT
Market:
NYSE
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