Independent thinking for complex markets and current events
What if your credit card had no limit – and you never had to pay the bill? That’s how Washington has treated the national debt for 25 years. But now even former insiders are warning: the free money is coming to an end… By Peter Reagan A credit card that can NEVER be declined Let’s be honest: …
by Michael Did you know that U.S. households are carrying $1.18 trillion in credit card debt? Considering the fact that the average rate of interest on credit card balances is now over 20 percent, that is not good news at all. Sadly, most of the country is just barely scraping by from month to month in …
S&P 500 hits frothy 39 P/E as markets soar in historic rebound but past peaks signal danger ahead If the credit market was pricing this in interest rates would be over 10%. The problem is everything is being ignored. https://t.co/5SPicZHZpp — QE Infinity (@StealthQE4) July 29, 2025 Linkhttps://t.co/DrQuoW85rw pic.twitter.com/Fk04MoJMv8 — QE Infinity (@StealthQE4) July 30, …
UPS is closing 73 buildings and cutting 20,000 jobs. Amazon volume is down 50 percent. That’s not automation. That’s collapse. UPS says it’s “reconfiguring the network” but the closures are concentrated in retail-heavy states where consumer demand is evaporating. Q2 revenue fell nearly 3 percent. Peak season plans? Not submitted. That means retailers don’t know …
In 2008 and again in 2020, similar steep drops in credit were quickly followed by aggressive Fed rate cuts and liquidity injections. This time, we’re seeing the same kind of credit contraction, but the Fed is still holding rates high, and there’s no sign of emergency fiscal support coming either. That’s what makes the current …
Real value needs fundamentals, not just money supply growth. If this is the top, it’s not going out with a bang. It’s setting up a slow-motion reckoning. JUST IN 🚨: Warren Buffet Indicator jumps to most expensive stock market valuation in history, surpassing the Dot Com Bubble and the Global Financial Crisis 👀 pic.twitter.com/xTmDlxJsjB — …
Small caps are showing signs of old wounds reopening. The Russell 2000 continues to lag the broad market by more than 20 percent since early 2022. Over 40 percent of its constituents now report losses, a ratio not seen since the dot‑com era. That level of weakness fuels TZA perfectly. TZA offers three times the inverse daily …
Wall Street is gearing up for a massive surge in Treasury bill issuance in the third quarter, that is more than half a trillion dollars. That means the government is borrowing heavily to cover spending, which puts pressure on interest rates and could crowd out private investment. “Net issuance of Treasury bills in the third …
by Martin Armstrong The Consumer Financial Protection Bureau (CFPB) may no longer remove medical debt from credit scores, a federal judge has ruled. This is yet another example of political cycles dictating economic policy, as the Trump-era judge dismissed the Biden-appointed mandate. Today, regulators expand; tomorrow, courts shrink. Millions of Americans will be affected by …
Ted Rossman, Senior Industry Analyst at Bankrate, breaks down the growing U.S. consumer debt crisis, including the rise of credit card delinquencies and the evolving impact of Buy Now, Pay Later on credit markets.
Despite their recent fued, Elon Musk gives credit to Donald Trump for the Gaza/Israel ceasefire deal. Can the two put their differences behind? pic.twitter.com/0WCMT6tjVj — Jesse Cohen (@JesseCohenInv) July 2, 2025 JUST IN: The Polymarket for Musk forming his own party by end of year are soaring. pic.twitter.com/JzGItsQIdl — unusual_whales (@unusual_whales) July 1, 2025 Greta …
The credit system is about to get rewired. Not with a press release. Not with a Fed rate tweak. This one’s buried in the fine print of S.1465, the Credit Access and Inclusion Act of 2025. It’s sitting in committee right now, but the effects are already bleeding into the ecosystem. FICO confirmed it. Two …
Paying your credit card by the due date rarely guarantees you dodge interest charges. That’s a widespread mistake. Interest depends heavily on your grace period, something nearly everyone overlooks until it shows up on their bill. The grace period is the window between the statement closing date and the due date. Pay your full statement …
Told ya they are freaking out… “Simply connecting all the dots now, everything points toward UBS as potentially the cause of the recent sharp increase in silver prices. This pressure on the bank joins the one the lender inherited from the reckless merger with Credit Suisse the… https://t.co/ZXbJddMmzN pic.twitter.com/jtc6SDuGQ4 — JustDario 🏊♂️ (@DarioCpx) June 19, …
Solar stocks such as Sunrun (RUN), SolarEdge Technologies (SEDG) and First Solar (FSLR) plunged overnight after the newly released Senate budget bill would keep a full phase-out of solar and wind energy tax credits by 2028. The GOP-led Senate Finance Committee late Monday unveiled changes to the Trump budget bill that passed the House, but …
JPMorgan Chase announced last week that a refresh of its Sapphire Reserve — the travel and dining rewards card that went viral when it arrived in 2016 — was imminent. In response, American Express on Monday said that “major” changes were coming to its consumer and business Platinum cards later this year. The expectation among …
The bond market doesn’t shout. It signals. And right now, it’s sending a message no one in Washington wants to hear. Credit markets are quietly pricing in a six-level downgrade to U.S. sovereign debt. That would drop the country’s rating to BBB, just one rung above junk status. Not a theory. Not a warning. It’s …
No paywall: https://finance.yahoo.com/news/60-billion-visa-mastercard-slump-184854735.html Paywall: https://www.bloomberg.com/news/articles/2025-06-13/a-60-billion-visa-mastercard-slump-seen-as-buying-opportunity ChatGPT highlights: Stock Drop: Visa fell 7.1% and Mastercard dropped 6.2% on Friday, wiping out over $60 billion in combined market value. Trigger: Wall Street Journal report said Amazon, Walmart, and others are exploring issuing stablecoins to bypass credit card fees. Other Players: Companies like Expedia and major airlines are also considering …
Loan Balance by Borrower Status in the BILLIONS. pic.twitter.com/c9Gp8NZpwj — Amanda Goodall (@thejobchick) June 14, 2025
Consumers are out of savings. APRIL 2025: – Consumer credit hit $17.9B (Fed expected $11.4B)– Credit card debt increased 7%– Total balances hit a record $5.01T (yes, with a T, y’all) Ummm… hello? This is crisis management at 25% APR. – 35% used credit for impulse buys-… — Amanda Goodall (@thejobchick) June 8, 2025 Auto …
In the quiet hum of everyday life, a storm brews unnoticed. The United States stands at the precipice of a financial upheaval, with trillions in corporate and consumer loans maturing by 2026. These debts, once manageable under low-interest rates, now face refinancing at significantly higher costs. We are less than 6 months away from the …
The latest data from the Federal Reserve Bank of New York reveals a troubling trend, borrowers are falling behind on payments at an accelerating rate. This is not just a temporary setback. It is a clear sign that financial stress is mounting for millions of Americans. Mortgage delinquencies climbed from 0.70 percent in Q4 2024 …
Elon Musk’s task force drops a nuclear bomb on Social Security fraud, unmasking millions of fake identities and shaking the system to its core!
Private Credit is where the next systemic financial risk is going to emerge from. Just a complete scam industry. Fake valuations. Pretending things are par when they are clearly not. Lending to garbage companies. And… it’s all being financed by debt from commercial banks (since banks can’t lend like this anymore after 2008). Private credit …
Serious Credit Card Delinquencies rise to 12.31%, the highest level since 2011 🚨🚨 pic.twitter.com/KPm8CIdS04 — Barchart (@Barchart) May 15, 2025 Credit card delinquencies have surged to 12.31%, marking the highest level since 2011. The latest data from the Federal Reserve Bank of New York paints a troubling picture of consumer debt, with households struggling under …
Moody's now has the following countries credit rated higher (AAA) than the United States (AA1): – Germany– Canada– Australia– Denmark– Luxembourg– Netherlands– Switzerland– Norway– Sweden– Singapore — unusual_whales (@unusual_whales) May 21, 2025
by Michael National governments around the world are collectively more than 100 trillion dollars in debt. The United States accounts for about 35 percent of that total, China accounts for about 16 percent of that total, and Japan accounts for about 10 percent of that total. For a long time, national governments were able to fund …
The 20-year U.S. Treasury bond auction took place today, May 21, 2025, and the results were troubling. Investors showed weak demand, forcing yields higher and triggering a broad selloff in financial markets. The 20-year yield surged to 5.047%, up from 4.810% in the previous auction, signaling growing concerns about the government’s ability to finance its …
BREAKING 🚨: United States Credit markets are currently pricing in a 6-level credit downgrade for the United States, which would give it a rating of BBB, just a smidge above investment grade 👀 pic.twitter.com/WlwiP5IN6p — Barchart (@Barchart) May 21, 2025 Jamie Dimon says he's not a buyer of credit today. Warns of a major downturn …
