Bank of America claims the consumer and corporation are both in healthy shape Households are carrying the least debt relative to assets since the 1960s. 19.5%

Bank of America claims the consumer and corporation are both in healthy shape Households are carrying the least debt relative to assets since the 1960s. 19.5% at the 2009 peak and 10.5% today. Sixty years of the ratio grinding up, undone in fifteen Corporates locked in pandemic-era rates and never…