Credit Crunch Alert! Rejection rate for Americans applying for credit – whether it’s a mortgage, new car loan, or a credit card – increased to 21.8%, the highest level since June 2018.
Borrowing money is getting tougher, folks!— Genevieve Roch-Decter, CFA (@GRDecter) August 2, 2023
— Genevieve Roch-Decter, CFA (@GRDecter) August 2, 2023
The only thing falling faster than inventory is demand t.co/6Y7EOqinwN
— Darth Powell 🦈🇺🇲🇺🇦🇵🇱🇫🇮 (@GRomePow) August 2, 2023
The current yield curve inversion is at the same level as 1928. Let that sink in. pic.twitter.com/ezDne2GnDS
— Game of Trades (@GameofTrades_) August 2, 2023
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