Mueller: Credit Card Debt at Record Level, Creating Bubble

There’s a lot of “amazing things” happening with tariffs but expect pain ahead, says Patrick Mueller. “At some point, there’s going to be a pullback. However, he’s bullish on the next few years, and says it will be “hard to keep up with” AI’s trajectory. He notes that credit card debt is at all time highs and people are “financing their fast food” in multiple payments. “People really have to start paying attention to this bubble.”

The Watch List

25 Jul 2025

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