MONEY & MARKETS • CONSUMER CREDIT
The FOMC minutes drop this afternoon, and while the Fed debates whether to raise or hold, consumers are already telling you everything you need to know. Roughly thirteen cents of every dollar owed on credit cards is now at least three months overdue — and total credit card debt sits at $1.25 trillion, just below its all-time high. The average APR is 21%, which means those unpaid balances aren't just sitting there… they're compounding against you every month at a rate your mortgage would never touch. We are six-tenths of a point from matching the worst reading of the entire Great Recession.
Thirteen cents of every dollar owed on credit cards in America hasn't been paid in at least 90 days — and at 21% APR, every one of those cents is getting more expensive by the month.
Source: Federal Reserve Bank of New York, Quarterly Report on Household Debt and Credit, Q1 2026
Breaking: Trump’s New Currency Reset
President Trump is launching a new $250 bill with his face on it – the first living president to do so since Abraham Lincoln’s $10 demand note in 1861.
Source: The Kobeissi Letter, X.
Earlier this year, he instituted another currency change – insisting that his signature appear on all new bank notes.
If you’re starting to sense that Trump has taken an unusual interest in our money, you’re on the right track.
In fact, I’d like to show you that his new $250 bill is a mere distraction from a far bigger and more consequential change to U.S. currency being orchestrated behind the scenes.
Something that will affect every dollar you’ve ever saved or invested.
Bypassing all conventional legal and political channels, under the guise of national security, Trump is enacting a total money reset using a landmark executive order (14241).
Democrat or Republican, support him or despise him, it doesn’t matter – the wheels are already in motion.
And that means every American may soon be forced to use Trump’s New Dollar to fill your gas tank, buy groceries, pay the bills.
Which is why I’ve produced this critical new documentary laying out exactly what this means for your savings, your investments, and your family’s financial future…
Detailing three important steps you can take today to prepare – including details on a core band of assets connected to Trump’s initiative that could surge, if this plays out as I predict…
Plus the name and ticker of my #1 move to make today.
As you’ll see in my briefing, the last time America reset its money like this – under Richard Nixon’s presidency in the 1970s – it created one of the greatest wealth divides in the history of our nation.
On one side, it minted an average of 1,300 new millionaires a day for over half a century. And on the other… the folks left behind, with many drowning in debt, and no idea how to use America’s new money to create wealth.
As Trump rolls out his new dollar, the question is:
P.S. If you’re wondering what Trump’s new money will look like, when it will be issued, what it means for your investments – all of those questions are answered in my briefing.
