The Opening Bell 5/18/17: Today’s Household Debt – Worst Since the Recession

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

(AP Photo/Patrick Semansky, File)

With plenty of headlines to bog down with news cycle, things get lost in the shuffle, so Steve and this week’s Associated Bank Thought Leader, Breck Hanson (Vice Chairman and former head of Commercial Real Estate at Associated Bank) discussed one of the recent stories revolving around the next expected interest rate hike and Puerto Rico filling for Bankruptcy. Steve then touched on the economy and the sobering numbers showing Americans have the most household debt since the 2008 recession. Steve broke down the numbers with Reuters Corespondent, Jonathan Spicer to learn what’s hurting us the most.