U.S. Consumer-Based Credit Assets Favored: Angel Oak Capital

The video discusses the strength of the US consumer and its implications for trade negotiations, particularly with China. It highlights the resilience of consumer credit, even in potential labor market weaknesses, and emphasizes the strong position of US residential mortgage credit. The discussion also covers the sustainable trajectory of home prices, aligning with wage inflation, and moving away from past boom-bust cycles.

What factors contribute to the strength of the US consumer according to the text?

What risks are associated with the US consumer's strength in trade negotiations?

What is the current position of US consumer credit assets in the market?

How has the appreciation of home prices changed over the past year?

How do wage inflation and home price appreciation relate to each other?