Bidenomics At Work! US Government Is Virtually The Only Borrower Left Standing, Bank Credit Declines (No Wonder Yields Are Rising!) October 19, 2023 8:48 am
Massive Economic Turmoil: Surging Credit Card Losses, Record Evictions, Soaring Loan Delinquencies, and Unhappy Workers October 16, 2023 8:01 pm
Searches for “Can’t pay credit card” hitting all time highs; Credit card spending is starting to collapse October 16, 2023 12:04 pmOctober 16, 2023 10:18 am
32% of Americans earning over $150,000 are living paycheck to paycheck (and many are relying on credit cards), per Quicken October 14, 2023 10:53 pm
The U.S. is dealing with rising Treasury yields and the risk of a credit crunch, China is facing a housing bubble burst, and Europe is on the edge of a recession and debt crisis. October 14, 2023 7:53 pm
Stocks are rallying this time as credit spreads are widening. Someone is hedging for armageddon! October 12, 2023 9:42 am
Banks Face Looming Credit Crisis: Sharp Declines and Record Bad Loan Write-Offs Signal Imminent Credit Event October 11, 2023 4:46 pm
Obtaining credit will be “much harder”; Bankruptcies are rising at the fastest rate since the pandemic. October 11, 2023 8:33 am
Credit spreads are currently showing movement, but the possibility of a more significant shift is anticipated in the next two weeks. October 9, 2023 7:05 am
Slowdown! ADP Jobs Added Slows To +89k As Credit Card Delinquencies At Small Banks Hit Highest Level Even Recorded (7.51%) October 4, 2023 9:36 pm
Credit getting tighter. Just wait until the mass defaults begin….’Soft landing calls always precede recessions’ October 2, 2023 9:34 am
Many Americans are experiencing financial hardship due to the rising expenses of basic needs including housing, transportation, and credit card debt. Personal income fails to keep up with spending for three months. September 29, 2023 1:47 pm
Declining credit quality metrics in Commercial real estate lending pushed several banks to reduce their exposures. CRE is about to crash September 29, 2023 6:05 am
‘When is it safe to buy small caps again? Not until HY credit spreads blow out!’ September 28, 2023 12:54 pm
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. September 27, 2023 3:46 pm
As rates have nearly tripled on most forms of debt, bankruptcy filings are rising. Nearly $270 billion of leveraged loans carry weak credit profiles and are potentially at risk of default September 27, 2023 8:34 am
Economic Warning Signs Flash: Impending Housing Bubble Implosion, Soaring Credit Card Rates, and Rising Bankruptcies Threaten Wealth September 19, 2023 1:07 pm
Financial Instability Looms as Credit Losses and Corporate Defaults Surge, Challenging a Smooth Economic Landing September 18, 2023 9:54 pm
FASTER: ‘Americans are being crushed’: Sen. Josh Hawley wants to cap credit card APR at 18% — here’s his plan to help ‘working people’ September 15, 2023 2:59 pm
What’s the mindset of such consumers? US households want to travel on airplanes, stay at hotels and eat out despite the nation’s raging inflation. This might explain the credit card debt being so high September 12, 2023 7:02 pm
Danger Jay Powell! US Median Home Prices Crashed -7.4% In Q2, Worst Decline Since Recessions Of 1970 And 2008 (Higher Mortgage Rates + Tighter Mortgage Credit Box = Heartaches On Heartaches!) September 12, 2023 5:44 pm
Its getting worse: Americans reported more financial stress; The increase in credit card defaults has reached levels higher than even the 2008 Financial Crisis. September 12, 2023 12:12 pm
US Credit Default Swaps Price Now Above Spain As US Debt Gets Close To $33 TRILLION And $194 TRILLION In Unfunded Federal Promises (Joy To The Globalist Elites!) September 11, 2023 9:25 pm