This chart from today's Early Look by Drago Malesevic shows rising delinquency rates from Discover. Credit card debt is currently growing at +9.3% Y/Y, far exceeding the 20-year average of 3.3%. 

CHART OF THE DAY: Inflation Effect Manifesting in Rocketing Credit Card Delinquencies - Chartoftheday12.15.2023


Join New Subscriber Orientation

Hedgeye University | Become a Better Investor

Hedgeye Education Center | Learn More About Hedgeye

REPLAY | How to Make Money (& Protect Your Pile) Right Now

REPLAY | Our November Webcast Series: The Outlook

WATCH | Position Sizing A Long-Only Portfolio with Keith

New Product Alert: P.S. Insights

FREE Edition: 12/8 Momentum Stock Tracker