“Credit card debt is exploding way beyond 2008 and 2020 levels.
If history’s taught us anything, it’s that this kind of spike usually screams incoming economic crash.
Time will tell.”
Credit card debt is exploding way beyond 2008 and 2020 levels.
If history’s taught us anything, it’s that this kind of spike usually screams incoming economic crash.
Time will tell. pic.twitter.com/gN6CKbC53o
— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) October 21, 2024
Recently Mr Buffet dumped relentlessly tons of Bank of America stock.
Mr Buffet publicly stated many times that ideally he would like to buy and keep a stock forever.
Is this pure coincidence or being smartest investor that Mr Buffet figured ahead of others and sold BoA?— R GURRAM (@RGURRAM999) October 21, 2024
#recession … #GFC2 US #CRE edition #commercialrealestate #CMBS 📉 🥶 https://t.co/GwgjkX0xaX
— Invariant Perspective (@InvariantPersp1) October 22, 2024
To be clear, the "IFs" in my top tweet don't mean that I think these are possible paths.
Instead, it's how far Fannie Mae says the given metric would have to shift in order to return housing affordability to 2016-2019 levels.
— Lance Lambert (@NewsLambert) October 21, 2024
NVIDIA is in a bubble but it's only going to get bigger pic.twitter.com/okBKVNoBhi
— Peruvian Bull (@peruvian_bull) October 21, 2024