balances.”

Los Angeles sees 4 downtown office skyscrapers in distress with billions in defaulted loans, bids expected far below debt balances. Manufacturing & CRE Construction spend peaked over a year ago

“4 distressed office buildings in Los Angeles, California. Brookfield and its lenders (and receivers and special servicers) are peddling four active offerings that total about 4.9M SF of Class A office space in the Financial District, roughly 18% of the …

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With over $1.29 trillion in credit card balances, $1.6 trillion in auto loans, and $1.5 trillion in commercial real-estate debt now at risk, the U.S. is marching into a full-scale crisis.

America’s banking system is entering a dangerous new phase — and the warning signs can no longer be ignored. In today’s video, “The American Banking Crisis Just Got Worse (Defaults Are Rising),” we break down the shocking financial data that …

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Credit card debt in the US has hit an all-time high of $1.08 Trillion (The average interest rate on credit cards is now over 20%, also an all-time high) [Balances have increased $154 Billion year over year, the largest increase since 1999]; U.S. Household debt reaches $17.29 Trillion

Another record credit card debt Collectively, Americans now owe $1.08 trillion on their credit cards, according to a report from the Federal Reserve Bank of New York. Steadily, persistently higher prices have caused consumers to spend down their savings and increasingly turn …

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10Y YIELD HITS 4.62%! Interest rates on just about everything are going to shift significantly higher. Percentage of credit card and auto loan balances transitioning to serious delinquency have surpassed pre-pandemic levels.

The 10-year note yield is skyrocketing and now at 4.63%, its highest since June 2007. Since last week’s Fed meeting, the 10-year note yield is up 35 basis points. Since the last Fed rate hike in July, the 10-year note …

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Debit Balances in Customers’ Securities Margin Accounts increased by $37,058 million, or 5.75% from May to June–the biggest jump since December 2022. This implies that customers are borrowing more money from their brokers to buy securities on margin.

by Dismal-Jellyfish https://www.finra.org/rules-guidance/key-topics/margin-accounts/margin-statistics Source: https://www.finra.org/sites/default/files/2021-03/margin-statistics.xlsx Wut mean?: According to FINRA Rule 4521(d), FINRA member firms with customer margin accounts must report by the last business day of each month: Total debit balances in securities margin accounts. Total free credit balances …

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