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What is phantom debt and why are Americans falling for it?

What is phantom debt and why are Americans falling for it?
May 8, 2024 · 38m 38s

Chuck Zodda and Marc Fandetti take a look at how booming corporate profits are shielding the economy. Walmart is the next test for traders worried about consumer spending. Wall Street...

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Chuck Zodda and Marc Fandetti take a look at how booming corporate profits are shielding the economy. Walmart is the next test for traders worried about consumer spending. Wall Street can't track Americans 'phantom debt'. Pandemic-era winners have lost $1.5 trillion in market value. Mnuchin is changing his tune about the strength of the US dollar. Massachusetts is seeking ways to retain young workers that are fleeing the state. 
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Author The Financial Exchange Network
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