Independent thinking for complex markets and current events
Bonds do not move with stock prices like shares do. If the stock market crashes, Trump’s bond holdings (especially the many municipal bonds and U.S. Treasuries) should stay much steadier. The issuers — cities, states, school districts, or the U.S. government — still have to pay the same fixed interest on schedule and repay the …
A GROWING NUMBER OF YOUNG AMERICANS ARE PUBLICLY ADMITTING THEY HAVE NO INTENTION OF PAYING OFF THEIR DEBT, WITH THE TREND GAINING MOMENTUM ON TIKTOK AND OTHER SOCIAL MEDIA PLATFORMS. — First Squawk (@FirstSquawk) November 9, 2025 A growing number of young Americans are publicly admitting they have no plans to pay off their debt. …
BNPL firms are holding back repayment data from credit bureaus. Not to protect late payers. To stop on-time customers from getting punished. “We will not share loan info with the credit bureaus until we see concrete evidence that BNPL data reflecting responsible payment behavior will help, not hurt, the credit scores of our customers.” https://www.investopedia.com/these-2-bnpl-companies-wont-share-your-info-with-the-credit-bureaus-and-that-could-be-a-good-thing-11786128 …
Inventories of unsold new homes are surging. 👇🏼 pic.twitter.com/AwjX2ZL4RU — Kalani o Māui (@MauiBoyMacro) May 16, 2025 Student loan repayment fully resuming is a headwind for the housing market. Rental, more than sales. The scale of the impact is staggering. Student loan forbearance gave 40 million Americans ~$500/month for 5 years. Injecting ~$240 billion annually …
from Kerry Lutz’s Financial Survival Network Kerry hosted a discussion with Paul Oster from BetterQualified.com, focusing on the implications of a 50 basis point cut and new student loan forbearance rules. Paul Oster noted that the rate cut would have minimal effects on consumers, recommending that borrowers maintain higher payments to expedite debt repayment. He provided strategies for managing …
The Canadian 10-year interest rate has reached a new 52-week high, driven by a recent surge in inflation. In response to this economic climate, the Royal Bank of Canada, the nation’s largest mortgage lender, has disclosed concerning data about its residential mortgages. As of July, a significant 43% of these mortgages had an extended amortization …
Every country should pay its sovereign debt. Default, we are told, is not an option. But has anyone told China? The United States pays interest on approximately $850 billion in debt held by the People’s Republic of China. China, however, is currently in default on its sovereign debt held by American bondholders. Successive U.S. administrations …
🚨 Mea culpa. (And sneaky sneaky…) The final bill appears to show the date now being pushed back to the original “60 days after June 30…” despite McCarthy’s original proposal being 60 days after signing (today). Regardless, student loans are going back into repayment. 🫣… https://t.co/fzMvDBZfIK pic.twitter.com/n1a02zJdS5 — Neely (@NeelyTamminga) June 3, 2023