According to The Kobeissi Letter, US household debt surged by $167 billion in Q1 2025, reaching a historic high of $18.2 trillion. The primary driver was mortgage debt, which climbed $199 billion to a record $12.8 trillion. Over the past decade, total household debt has increased by $7 trillion (source: The Kobeissi Letter, Twitter, May 15, 2025). Rising debt levels raise concerns about consumer spending power and financial stability, which could drive increased interest in decentralized assets like Bitcoin and stablecoins as investors seek alternative stores of value and hedges against traditional market risk.

According to The Kobeissi Letter, in Q4 2024, total US household debt increased by $93 billion, reaching a record $18.04 trillion as reported by the NY Fed. This significant rise in debt, especially credit card debt hitting an all-time high of $1.21 trillion, suggests potential liquidity challenges and could impact consumer spending patterns, which are critical for market traders to monitor.

According to The Kobeissi Letter, US household debt surged by $93 billion in Q4 2024 to a record $18.04 trillion, as reported by the NY Fed. This significant rise reflects a $3.90 trillion increase over the last five years, with credit card debt reaching $1.21 trillion. Traders should monitor potential impacts on consumer spending and credit markets.

According to The Kobeissi Letter, total US household debt surged by $93 billion in Q4 2024, setting a new record of $18.04 trillion, as reported by the NY Fed. The largest increase was observed in credit card debt, which reached $1.21 trillion, impacting consumer credit behavior and potential spending power, which traders should monitor closely for market implications.