In recent months, you’ve probably read about saving rates coming down and credit card balances going up.

Both observations are true.

But most of these scary headlines miss the full story, which is far more bullish than bearish.

While a growing number of consumers may be facing financial hardship, consumer finances overall continue to be in much better shape today than where they were before the pandemic. This is very good news in an economy facing its fair share of headwinds.

Consumer savings are actually high 💰