Record Black Friday & Record Credit Card Balances

This year's Black Friday shopping was the most profitable ever, but it's not necessarily coming with good news. There is also a record-breaking number on credit card balances. What does this mean for the economy?

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LINKS: https://www.usatoday.com/story/money/shopping/2022/11/26/black-friday-2022-online-sales-record/10780279002/
https://www.cnbc.com/2022/11/16/credit-card-balances-jump-15percent-as-americans-fall-deeper-in-debt.html

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.