According to The Kobeissi Letter, 20% of US mortgages now have rates greater than 6%, the highest share in 11 years, marking a fivefold increase over the past three years (source: Twitter/@KobeissiLetter, June 1, 2025). This shift in household debt burden signals potential pressure on consumer spending and could impact liquidity in traditional markets, often prompting investors to seek alternative assets such as Bitcoin and Ethereum. Crypto traders should monitor correlations between US economic stress indicators and inflows into digital assets for potential trading opportunities.

According to @KookCapitalLLC on Twitter, the recent attempt to offer financing options for McDonald’s Big Macs has resulted in negative outcomes, highlighting increased consumer debt risk and potential defaults. This development underscores the interconnectedness of traditional consumer credit and digital asset markets, as heightened debt stress could drive more retail investors to seek alternative assets like cryptocurrencies to hedge against fiat instability (source: @KookCapitalLLC, May 20, 2025). Crypto traders should monitor consumer debt trends closely, as rising defaults could lead to increased market volatility and a shift in capital flows toward the crypto sector.

According to Edward Dowd (@DowdEdward), Phinancetechnologies has released updated US economic health data, revealing significant shifts in employment and consumer behavior. This data, accessible via their official site, highlights rising consumer debt and slowing job growth, which are critical indicators for cryptocurrency market sentiment and trading strategies. Traders may consider these macroeconomic signals when evaluating risk and anticipating volatility in major assets like Bitcoin and Ethereum (source: phinancetechnologies.com/Product_USEcon).

According to @KobeissiLetter, DoorDash ($DASH) is now offering a financing option for food delivery orders, a move that coincides with US credit card debt reaching a record $1.2 trillion and the depletion of over $2 trillion in excess savings. Traders should monitor this development as it may indicate increasing consumer financial strain, potentially impacting $DASH's trading performance.

According to @KobeissiLetter, DoorDash ($DASH) is now permitting customers to finance their food delivery orders. This move occurs as US credit card debt hits a record $1.2 trillion, and over $2 trillion in excess savings have been depleted. This development is crucial for traders as it highlights potential consumer debt concerns, which could impact market behavior and $DASH's stock volatility.

According to The Kobeissi Letter, consumers spent a record $75.1 billion on 'Buy Now Pay Later' services in 2024, as 19.9% of US consumers used these services in 2023, per Philadelphia Fed. This trend highlights a growing reliance on debt to manage inflation pressures.

According to The Kobeissi Letter, since 2020, consumers have increasingly turned to debt as a strategy to manage rising prices. From 2021 through 2023, wage growth lagged behind inflation, affecting consumer affordability and sentiment, although the trend has recently reversed. This shift is crucial for traders to understand consumer spending behaviors and potential impacts on market trends.

According to The Kobeissi Letter, the US credit card delinquency rate for debts over 90 days reached 11.1% in Q3 2024, marking the highest level since 2011. This figure surpasses the peak delinquency rates observed during the 2020 lockdowns, which remained below 10.0%. The increasing availability of financing options by corporations is contributing to this worsening trend. Traders should consider the potential impact of rising consumer debt on financial markets.

According to The Kobeissi Letter, as interest rates remain elevated, there is a notable increase in credit card delinquencies. The proportion of active credit card accounts making only the minimum payment has surged to 10.8% in Q3 2024, the highest level since 2012. Additionally, credit card accounts that are 30+ days delinquent have risen to 3.5%, marking a 10-year high. This data suggests potential risks for credit markets as consumers struggle with debt management.