Diversified Trust shares our knowledge on wealth strategies, investing, current financial news and trends.

Fads generally begin with a rational premise

Back To Earth

Wall Street has always been subject to fads that generally begin with a rational premise and then morph into bubbles as they gain popularity in the broader public. I am not referring to meme stocks such as GameStop which soared and then crashed...

In Q1 2023 Credit Card Debt was at a record level

Credit Card Debt

American credit card debt in the first quarter of 2023 was at a record level of $986 billion having exceeded the previous high of $927 billion which took place in the fourth quarter of 2019. One particularly interesting note is that debt was...