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  • Why US Consumer Debt Hit 18 Trillion in 2026

    Why US Consumer Debt Hit 18 Trillion in 2026
    2026/06/05
    In this episode of US Economy with Fexingo, Lucas and Luna drill into the staggering $18 trillion consumer debt milestone reached in 2026. They break down the composition—mortgages, credit cards, auto loans, student debt—and explain why the ratio of debt to disposable income actually tells a different story than the headline number. The conversation covers the role of higher interest rates, the shift from fixed to variable-rate borrowing, and what rising delinquency rates on credit cards and auto loans mean for the broader economy. Lucas points to the divergence between high-income households, who locked in low mortgage rates, and lower-income households, who are now squeezed by both inflation and higher borrowing costs. The hosts also touch on the Fed's balancing act and why this debt load is a slow-burn risk rather than a 2008-style crisis. A detailed but accessible look at the numbers behind the headlines. #ConsumerDebt #USEconomy #FederalReserve #InterestRates #CreditCards #AutoLoans #StudentDebt #Mortgages #HouseholdDebt #Delinquency #Inflation #DisposableIncome #Economics #FexingoBusiness #BusinessPodcast #Podcast #LucasAndLuna #USMarkets Keep every episode free: buymeacoffee.com/fexingo
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    11 分
  • Why US Consumer Debt Is Hitting 18 Trillion in 2026

    Why US Consumer Debt Is Hitting 18 Trillion in 2026
    2026/06/05
    Consumer debt in the United States has crossed $18 trillion for the first time. Lucas and Luna dig into what's driving the surge—think auto loans, student debt, and credit cards—and why it's not the same kind of danger as 2008. With the Fed holding rates above 3.5 percent, borrowing costs are squeezing households unevenly. They look at who's struggling most, the role of subprime auto loans, and how delinquency patterns signal a two-track economy. If you're wondering whether this debt load is sustainable or a warning sign, this episode gives you the numbers and context to decide for yourself. #ConsumerDebt #18Trillion #FederalReserve #InterestRates #SubprimeAuto #CreditCards #StudentLoans #HouseholdFinance #Delinquency #USEconomy #Economics #FexingoBusiness #BusinessPodcast #PersonalFinance #DebtCrisis #AutoLoans #FedPolicy #TwoTrackEconomy Keep every episode free: buymeacoffee.com/fexingo
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    8 分
  • The Hidden Cost of Long-Term Unemployment in 2026

    The Hidden Cost of Long-Term Unemployment in 2026
    2026/06/04
    New data shows long-term unemployment is surging in the US even as job openings hit 7.6 million. Lucas and Luna unpack the structural mismatch — why workers over 27 weeks without a job are being left behind, how skills atrophy compounds the problem, and what it means for the Fed's inflation fight and the real economy. They drill into the numbers from the April JOLTS report and the latest jobless claims data, and explore why this 'hidden slack' matters more than the headline unemployment rate. Plus: how the rise in long-term unemployed could keep wage growth from overheating even as the labor market looks tight on the surface. #LongTermUnemployment #JOLTS #LaborMarket #FedPolicy #SkillsMismatch #StructuralUnemployment #JoblessClaims #WageGrowth #Inflation #USEconomy #Hysteresis #LaborForce #April2026Data #JobOpenings #UnemploymentRate #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    10 分
  • Why Private Payrolls Beat Expectations in May 2026

    Why Private Payrolls Beat Expectations in May 2026
    2026/06/04
    In this episode of US Economy with Fexingo, Lucas and Luna dive into the May 2026 ADP private payrolls report, which came in at 122,000 — stronger than the consensus estimate of 95,000. They explore what drove the surprise: a rebound in construction and manufacturing hiring despite the ongoing Iran war and new tariff proposals, and a pickup in leisure and hospitality as consumers shift spending toward experiences. Lucas drills into the regional breakdown — the Sun Belt states led gains, while the Midwest lagged — and Luna questions whether this strength is sustainable given the 4.3% unemployment rate and the steepening yield curve. They also touch on the broader context of April's JOLTS surge to 7.6 million openings, the highest in nearly two years, and what it means for wage pressure and Fed policy. No hot takes — just a clear, data-driven look at what the May jobs numbers actually tell us about the US economy in early June 2026. #ADP #PrivatePayrolls #May2026 #JobMarket #USEconomy #Employment #ConstructionHiring #Manufacturing #LeisureAndHospitality #SunBelt #Midwest #JOLTS #WageGrowth #FederalReserve #LaborMarket #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    8 分
  • Why US State Tax Revenues Are Plummeting in 2026

    Why US State Tax Revenues Are Plummeting in 2026
    2026/06/03
    State tax revenues across the US are falling at the sharpest rate since the Great Financial Crisis. In this episode of US Economy with Fexingo, Lucas and Luna dig into the numbers: aggregate state tax collections dropped 8.2 percent year-over-year in the first quarter of 2026, led by a collapse in personal income tax receipts. They explore the three main drivers — a cooling labor market, falling capital gains realizations as stocks stall, and a shift in consumer spending from taxable goods to services — and ask whether this is a cyclical correction or a structural shift that could force states to cut services or raise taxes. Specific data from California and New York, which account for a third of all state tax revenue, grounds the conversation in real fiscal pressure. Record-high rainy day funds provide some cushion, but not enough to offset the long-term squeeze. #StateTaxRevenue #USEconomy #FiscalPolicy #CaliforniaTaxes #NewYorkTaxes #IncomeTax #CapitalGains #ConsumerSpending #EconomicSlowdown #BudgetCuts #RainyDayFunds #TaxCollections #LaborMarket #ServicesSpending #StateBudgets #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    7 分
  • How JOLTS Job Openings Surged to 7.6 Million in April 2026

    How JOLTS Job Openings Surged to 7.6 Million in April 2026
    2026/06/02
    In this episode of US Economy with Fexingo, Lucas and Luna examine the surprising April JOLTS report that showed job openings surging to 7.6 million, the highest in nearly two years. They break down what's driving the increase—including reshoring in manufacturing and persistent demand in healthcare—and why the unemployment rate remains stuck at 4.3 percent despite the spike. The hosts discuss the 'waiting workers' phenomenon, where millions are employed but holding out for better roles, and what this means for the Federal Reserve's next move. With inflation still elevated at 3.3 percent core PCE and the Fed funds rate at 3.63 percent, the labor market is sending mixed signals. Lucas and Luna walk through the data, the sectors adding the most jobs, and whether this surge is sustainable or a statistical blip. Tune in for a grounded, number-driven look at the US labor market in mid-2026. #JOLTS #JobOpenings #LaborMarket #Unemployment #FederalReserve #Inflation #CorePCE #FedFundsRate #Reshoring #Manufacturing #HealthcareJobs #WageGrowth #USEconomy #Economics #FexingoBusiness #BusinessPodcast #EconomicIndicators #LaborData Keep every episode free: buymeacoffee.com/fexingo
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    8 分
  • Why the US Job Market Is Stuck at 4.3 Percent Unemployment

    Why the US Job Market Is Stuck at 4.3 Percent Unemployment
    2026/06/02
    In episode 26 of US Economy with Fexingo, Lucas and Luna examine why the unemployment rate has been stuck at 4.3 percent for three months despite steady job growth. They break down the paradox of low hiring and low firing, using April 2026 data: nonfarm payrolls up 115,000, initial jobless claims at 215,000, and average hourly earnings rising to $37.40. The hosts explore how the 'great stay' phenomenon—workers holding onto jobs amid geopolitical uncertainty and lingering inflation—is creating a historically stagnant labor market. Lucas explains that the quits rate has fallen to levels last seen in 2014, while Luna notes that wage growth is barely keeping pace with core CPI at 3.3 percent. They connect this to the Federal Reserve's dilemma: a tight labor market that isn't overheating, but also isn't loosening enough to cut rates. A natural donation sidebar leads into a discussion of how the Iran war and energy costs are locking workers in place. Fresh angle, grounded in the latest data. #UnemploymentRate #LaborMarket #FederalReserve #WageGrowth #GreatStay #QuitsRate #JoblessClaims #NonfarmPayrolls #CoreCPI #Inflation #IranWar #EnergyCosts #EconomicData #April2026 #Economics #Podcast #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    8 分
  • Why US Labor Productivity Is Surging in 2026

    Why US Labor Productivity Is Surging in 2026
    2026/06/01
    Lucas and Luna explore a surprising bright spot in the US economy: labor productivity is growing at its fastest pace in over a decade. With real GDP growth at 1.6 percent and nonfarm payrolls edging up, output per hour worked is rising sharply. They break down the drivers — from AI adoption in logistics and manufacturing to a tight labor market forcing automation — and what it means for corporate profits, wage growth, and inflation. Drawing on recent data including the April JOLTS report showing 6.9 million job openings and average hourly earnings at $37.40, they discuss whether this productivity boom is sustainable or a one-time adjustment. A focused look at the numbers behind the headline and the implications for investors and workers. #LaborProductivity #USEconomy #ProductivityBoom #AIAdoption #Automation #WageGrowth #CorporateProfits #Inflation #FederalReserve #JOLTS #NonfarmPayrolls #GDPGrowth #Economics #BusinessPodcast #FexingoBusiness #Podcast #EconomicData #ProductivityGains Keep every episode free: buymeacoffee.com/fexingo
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    7 分