Welcome to Kensington Market Minute! In this week’s episode, we dive into three crucial topics: travel’s remarkable rebound with Delta’s record-breaking numbers on the 4th of July, the reassuring state of credit card debt with flat balances and low delinquencies, and the spending spree during Amazon Prime Day, all pointing to the resiliency of the US consumer.
Join us as Jon shares insights on credit cards, highlighting the positive financial standing of consumers. Then, Adam sheds light on the impressive spending records set during Prime Day, showcasing the thriving economy and people’s ability to spend wisely without relying on credit cards.
We wrap up with an essential reminder from Jeff – save, invest, and practice patience. Don’t miss this engaging and informative episode! Like, share, and subscribe to stay updated on the latest market trends and insights.
