The United States is in uncharted waters for 2017 as far as the economy is concerned, says WalletHub, a personal financial website.
“Riding an economic recovery that has lasted years longer than average and awaiting the inauguration of a president who can send shockwaves through global financial markets with a single tweet” makes predictions harder than usual this year, WalletHub says.
But the website took a stab at predicting the future anyway. Following are 10 things WalletHub says are likely to happen in the New Year.
No. 10. Credit card charge-offs, the amount credit card companies assume will not be repaid, will top $30 billion, limiting credit availability.