CHART OF THE DAY: The Great Household Deleveraging May Finally Be Over

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Thursday, February 28, 2013 CHART OF THE DAY: The Great Household Deleveraging May Finally Be Over The New York Fed just published its latest Quarterly Report On Household Debt And Credit. At $11.34 trillion in Q4 2012, total household debt is up from $11.31 trillion in Q3.  This suggests that the great consumer deleveraging story may be over. Mortgages account for 71 percent of the debt, which makes the $966 billion of student loans look like peanuts.  So, even as people warn about a student debt bubble, the implications would almost certainly be less severe than the housing bubble we recently experienced. This is the second time since the crisis that there's been a slight sequential uptick in household debt, so we'll have to see if this trend continues, or if it's another blip. From the New York Fed: Read » Also On Money Game Today: Shares Of Robot Company Get Crushed On Report Of Probe MARKET RALLY CRUMBLES IN THE FINAL MINUTES OF THE DAY: Here's What You Need To Know Advertisement CHART OF THE DAY: David Rosenberg's Recession Indicator Flipped Positive Today CHART OF THE DAY: How Gold Rallied Under The Last 4 Fed Chairmen CHART OF THE DAY: Here Are The States That'll Get Slammed By Sequestration Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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