Rising Rates/Credit spreads effects EVERYTHING
• credit card loans
• auto loans
• student loans
• mortgage loans
• consumer spending
• company debts
• company profit margins
• risk free asset margin
• options valuations
• trading account margins
etc etc etc #MT_MRI— KP 🌐 (@MacroTechnicals) April 2, 2018
Goldilocks Who? 50% More Corporate Credit Downgrades vs Upgrades Q4 17
In a near-ZIRP world, US corporations can’t help but overfeed at the debt trough.
As Default Rates Rise, Banks Hike Debt Interest Rates 1% in 6 Months
“Wall Street banks that charge 15 to 20 percent on credit cards are holding trillions of dollars in FDIC-taxpayer-insured U.S. deposits on which they are paying less than two percent interest.”
> 37% of households’ total #financial #assets are currently invested in #equities.
Like many other measures, this % is now only exceeded by the #TechBubble
Via @robertomulazzi pic.twitter.com/FQG1C5ZbgN
— OW (@OccupyWisdom) April 3, 2018
"Credit card stress is another sign of average American households struggling to make ends meet partly because wages are not keeping pace with inflation and productivity." -Brown Brothers Harriman's Marc Chandler with @tomkeene & @lisaabramowicz1. Watch: t.co/WcIqAa1hBe pic.twitter.com/8cplK6zb9t
— BSurveillance (@bsurveillance) April 2, 2018
SPX/VIX RATIO 100/200SMA Bearish Crossover — Ultra Rare and the last time this occurred it was during the recession scare. pic.twitter.com/Ag7kPx2AYL
— Alastair Williamson (@StockBoardAsset) April 3, 2018
$SPX Rolling Over w/ $FXI pic.twitter.com/4EPp9i7jEa
— Alastair Williamson (@StockBoardAsset) April 3, 2018
Spoos pricing in ISM rollover? pic.twitter.com/PMQ6rRcz3K
— Teddy Vallee (@TeddyVallee) April 3, 2018
bullish AF pic.twitter.com/nu0yJUEhNo
— Alastair Williamson (@StockBoardAsset) April 3, 2018
Small-Business Hiring Falls to Lowest Level in over 7 Years
Paychex’s Small Business Jobs Index declined 0.02 percent from last month and 0.74 percent from a year earlier.
nothing to see here… pic.twitter.com/gXzVBc4U40
— Alastair Williamson (@StockBoardAsset) April 3, 2018
but but but, everyone said fundamentals did not matter. Overbought, Over-leveraged, and Overvalued Stock Market in America could bring pain for Trump Train. pic.twitter.com/Ehm1YUw3ph
— Alastair Williamson (@StockBoardAsset) April 3, 2018