Independent thinking for complex markets and current events
Model me this: Dario expects full reciprocal tariffs to bump CPI to estimated +1.3% pts – about the same negative hit to GDP. Stagflation on top of bear market. So now tell me: Why are markets a buy here? https://t.co/2pRSGdxYRH — Samantha LaDuc (@SamanthaLaDuc) March 19, 2025 Breaking CNBC: Bank of America’s CEO Brian Moynihan …
Credit card delinquencies are starting to go vertical pic.twitter.com/QcBcMdmbDF — QE Infinity (@StealthQE4) June 1, 2024 ‘We got to keep the consumer in the game’: Brian Moynihan worries about a spending slowdown Bank of America’s CEO says inflation has been sapping U.S. sentiment Bank of America Corp. Chief Executive Brian Moynihan said the economic …
Bank of America CEO Brian Moynihan and Joao Gomes, vice dean of Wharton, warn of an impending fiscal crisis due to escalating US national debt. They call for prioritizing debt payment, tightening fiscal policies, and a fundamental change in government budget management. The Congressional Budget Office (CBO) predicts public debt could reach 166% of the …
Bank of America CEO Brian Moynihan says ‘we need to get after’ America’s $34tn national debt: ‘You can either admire the problem or do something about it’ Wall Street is officially done ignoring the government’s eye-watering national debt bill. JPMorgan’s Jamie Dimon says it’s a global “rebellion” waiting to happen, with Bank of America CEO …
via YAHOO: (Bloomberg) — US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind for lenders ranging from banks to asset-backed securities investors. The credit outlook is expected to deteriorate later this year when almost 27 million borrowers have to resume making payments on student loans. Delinquencies …