Key Takeaways
- U.S. credit card debt has surged to an unprecedented $1.33 trillion in 2025, marking a new all-time high and highlighting significant financial strain on American households.
- Advanced Micro Devices (AMD) and industrial giant Caterpillar (CAT) are currently among the most overbought stocks on Wall Street, with their Relative Strength Index (RSI) exceeding 70, signaling potential for short-term pullbacks.
- The Trump administration has shifted its Venezuela strategy from solely combating drug trafficking to actively pursuing regime change against President Nicolas Maduro, according to reports.
- Massive "No Kings" protests in New York City saw zero arrests, despite Republican claims that demonstrators were "violent terrorists".
U.S. households are grappling with record-high credit card debt, which has now reached an alarming $1.33 trillion in 2025. This historic figure underscores the growing financial pressure on consumers, driven by persistent inflation, high interest rates, and stagnant wage growth. Data from CardRatings.com indicates that nearly half of American families carry credit card balances month-to-month, facing average interest rates exceeding 20%. Even recent Federal Reserve rate cuts have offered only modest relief, with credit card APRs seeing limited adjustment.
On Wall Street, two prominent names, Advanced Micro Devices (AMD) and Caterpillar (CAT), have been flagged as among the most overbought stocks, according to CNBC. AMD's shares have seen a significant rally, climbing over 20% in the past month and approximately 93% year-to-date, fueled by heightened interest in AI-driven technologies. Similarly, Caterpillar, a key beneficiary of infrastructure and data center expansion, has jumped more than 7% this week and is up about 45% year-to-date. An Relative Strength Index (RSI) above 70 typically indicates overbought conditions, suggesting that these stocks may be due for a near-term pullback or consolidation phase.
In geopolitical news, the Trump administration's strategy towards Venezuela appears to have fundamentally shifted from an anti-drug trafficking initiative to a direct effort aimed at regime change for President Nicolas Maduro. The Financial Times reports that the White House is now employing military demonstration force, including aircraft carriers and special forces, to exert maximum pressure on Maduro's government. This escalation follows earlier deployments and a $50 million bounty offered for information leading to Maduro's arrest.
Domestically, large-scale "No Kings" protests across New York City, which saw over 100,000 participants, concluded with zero arrests by the NYPD. This outcome directly refutes claims from Republican politicians who had characterized the demonstrators as "violent terrorists" and "criminals". The protests, described as overwhelmingly peaceful and multigenerational, denounced authoritarian drives and advocated for democratic rights.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.