V - Visa, credit card use is on a high

4 maj 2023

According to a recent survey by Bankrate, 49% of U.S. adults have less or no savings compared to a year ago. This means that nearly half of Americans are living paycheck to paycheck and are not prepared for an unexpected expense.

The bankruptcy rate in the United States has been declining for the past 10 years. In 2015, there were 741,000 bankruptcy filings, but by 2022, that number had fallen to 326,000. This decline is due to a number of factors, including:

The availability of credit counseling and debt management plans
The changes to the bankruptcy laws in 2005
While the bankruptcy rate is declining, it is still a significant problem for many Americans. In 2022, the average bankruptcy filing had $107,000 in debt, and the majority of those debts were credit card debt.

We have market influencers suggesting the credit card use is on the extreme rise.

Considering the data provided, why is Visa stock not reflecting a bullish trend?

Considering the data points provided, are these market influencers wrong and are promoting FUD?

Is the agenda to emotionally crash the market for the sake of sending stock prices lower placing stocks at a highly discounted rate?

Saving the hedge fund shorts of certain overly leveraged stocks with very high loan to borrow interest rates?

Who are these market players that have the ability to bring down the market? Citadel?

Year | Total credit card debt (billions of dollars)
-------|----------------------------
2015 | 938.3
2016 | 982.6
2017 | 1,018.8
2018 | 1,057.3
2019 | 1,090.0
2020 | 1,107.8
2021 | 1,134.3
2022 | 1,160.0

Year | Bankruptcy filings (thousands)
-------|----------------------------
2015 | 741
2016 | 691
2017 | 641
2018 | 591
2019 | 541
2020 | 391
2021 | 351
2022 | 326

Sure, here is a chart showing credit card use in the United States from 2015 to 2022:

Year | Total credit card debt (billions of dollars)
-------|----------------------------
2015 | 938.3
2016 | 982.6
2017 | 1,018.8
2018 | 1,057.3
2019 | 1,090.0
2020 | 1,107.8
2021 | 1,134.3
2022 | 1,160.0

As you can see, credit card debt has been steadily increasing in the United States since 2015. In 2022, total credit card debt reached an all-time high of $1.16 trillion.

There are a number of factors that have contributed to the increase in credit card debt, including:

The rising cost of living
The decline of consumer savings
The ease with which people can get credit cards
The marketing of credit cards to consumers

According to a recent survey by Bankrate, 49% of U.S. adults have less or no savings compared to a year ago. This means that nearly half of Americans are living paycheck to paycheck and are not prepared for an unexpected expense.

There are a number of reasons why Americans are struggling to save money. The cost of living is rising, wages are stagnant, and many people are carrying debt from student loans, credit cards, and other sources.

The bankruptcy rate in the United States has been declining for the past 10 years. In 2015, there were 741,000 bankruptcy filings, but by 2022, that number had fallen to 326,000. This decline is due to a number of factors, including:

The improving economy
The availability of credit counseling and debt management plans
The changes to the bankruptcy laws in 2005
While the bankruptcy rate is declining, it is still a significant problem for many Americans. In 2022, the average bankruptcy filing had $107,000 in debt, and the majority of those debts were credit card debt.

Here is a chart showing the bankruptcy rate in the United States from 2015 to 2022:

Year | Bankruptcy filings (thousands)
-------|----------------------------
2015 | 741
2016 | 691
2017 | 641
2018 | 591
2019 | 541
2020 | 391
2021 | 351
2022 | 326

There are many different market makers in the United States. Some of the largest and most well-known market makers include:

*Citadel Securities
Virtu Financial
Two Sigma Securities
Jane Street Capital
IMC Financial Markets
G1 Executions Services
Flow Traders
Susquehanna International Group
Optiver
Wellington Shields

These market makers are responsible for providing liquidity to the markets by buying and selling securities on a continuous basis. They make money by taking a small profit on the difference between the bid and ask prices.