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Mueller: Credit Card Debt at Record Level, Creating Bubble

Mueller: Credit Card Debt at Record Level, Creating Bubble

Schwab Network · Schwab Network

July 25, 20256m 18s

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Show Notes

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.”


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