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Far from credit crunched, US household wealth is soaring

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The U.S. consumer's resilience to prolonged elevated borrowing costs has shown signs of wilting recently, but barring a deep downturn in the labor market, soaring household wealth should ensure it doesn't crack.

<p>ORLANDO, Fla. — The U.S.

</p><p>While 'higher for longer' credit card and mortgage rates are sapping consumers' strength to some degree, the S&amp&#x3B;P 500 and Nasdaq are up 5% and 9%, respective

 

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