Given the sharp slowdown in credit card transaction data, safe to say that retail sales will miss to the downside. $TLT $SPX pic.twitter.com/vHZErtjEE3 — Teddy Vallee (@TeddyVallee) January 29, 2019 Retail sales from First Merchant not looking great. pic.twitter.com/uK2BbC3tCd — …
leveraged loans index stalling out – bad for stock market pic.twitter.com/KTt21h5yqZ — Alastair (@StockBoardAsset) January 28, 2019 Credit Default Swaps reset after a month of declines? pic.twitter.com/xU4LAqo03F — Alastair (@StockBoardAsset) January 28, 2019 Eurozone credit impulse… Despite zero interest rates …
Rising interest rates and credit card balances from CNBC. via CNBC: Over 1 in 3 people —or 86 million Americans — say they’re afraid they’ll max out their credit card when making a large purchase. Still, most Americans continue to …
by howmuch Lots of people make New Year’s resolutions to get their personal financial situation in order, and paying off credit card debt is usually a high priority. Credit card debt is at a $1 trillion. The combination of high borrowing …
via Bloomberg: HPS, Z Capital sold deals that can hold more CCC rated loans Such CLOs offer higher debt returns to compensate for the risk Some of Wall Street’s biggest buyers of leveraged loans are gearing up to profit from a U.S. …
via Yahoo: Get out while you can. In a note to clients, analysts at Credit Suisse (CS) said they still expect 5% upside for the key global markets, but “advise selling developed markets into the rally rather than continuing to build positions.” …
via @lebas_janney: Two banks, $C and $JPM have reported increases in loan loss provisions/credit costs. They’re preparing for the credit downturn, even if they don’t say so outright. On the plus side, $WFC followed up with a pretty benign credit story …
by njc2o For me, its for the rewards and security. To get more specific: Security. When you use a debit card out in the world, you’re giving the world a more direct line to your actual money. Every time …
Anyone notice the Leveraged Loan Index did not break in 1Q18 when the stock market corrected -10%. However, the index broke on the -20% stock market correction in late 2018. Signals to me – credit cycle is deteriorating quickly pic.twitter.com/1p52oA7btO …
by Lynette Zang of ITM Trading For the first time since 2008, no junk bonds were issued in December 2018. “This is clearly more than year-end jitters,” said Guy LeBas, a strategist at Janney Montgomery Scott. “What we’re seeing now is pretty typical …
via Marketwatch: “I think people are looking at the CBO (Congressional Budget Office) numbers. If people take the time to look at that you can see debt levels moving higher, you can see the interest burden in the U.S. government …
via sputniknews: The arrested conspirators are said to be involved in a large-scale credit fraud that ruined the economy of Mozambique in 2016. Three former Credit Suisse Group bankers have been arrested in London in connection with a loan fraud scheme that ruined the …
via nraila.org: In July 2013, the Illinois legislature overrode the veto of then-Governor Patrick Quinn to eliminate the state’s status as the last holdout in refusing to issue concealed-carry permits. In moving from “no-issue” to “shall issue,” law-abiding citizens of the Land of …
by roman-s Intro: Today I’ve learned that KeyPoint Credit Union (I have a car loan there) is a not-for-profit financial institute as any other Credit Unions. This was an eye-opener for me. I’ve read a little bit about Credit …
by Buck Rogers China has started ranking citizens with a creepy ‘social credit’ system — here’s what you can do wrong, and the embarrassing, demeaning ways they can punish you https://www.businessinsider.com/china-social-credit-system-punishments-and-rewards-explained-2018-4 China plans to rank all its citizens based on …
via Andres Cardenal, CFA Summary Nobody can predict bull and bear markets, but some indicators do a sound job at providing capital protection during bear markets. The stock and bond markets are interconnected, and we can learn a lot about the …
All is well. Credit argues otherwise. pic.twitter.com/cGCelKZqeL — Jack (@JackPScott) December 28, 2018 When Leveraged Loans Index rolls over – watch out stock market! pic.twitter.com/M8IQSYZLMs — Alastair (@StockBoardAsset) December 28, 2018 The US Yield Curve has partly inverted. pic.twitter.com/tThH8mB2h7 — …
by Dr. Eowyn Although there are rules preventing banks and credit-card companies from seeing what customers are buying, if the New York Times has its way, those financial companies would begin to do just that. Not only would they see what we purchase, but the NYT would also have them monitor …
Global recessionary pressures are building. South Korea, an economic giant, a play on global tech, and window on the Asian economy, saw industrial output sink 1.7%, embarrassing a consensus forecast of -0.2%. — David Rosenberg (@EconguyRosie) December 28, 2018 https://twitter.com/OccupyWisdom/status/1078556918401110016 …
From ZeroHedge: After several years of disappointing holiday sales, retail analysts told any and all financial media who would listen that this year would be different. With wages finally accelerating at their fastest pace since the financial crisis, and early indicators …
This is all too familiar. The EV rebate system is a total scam and I am guilty of partaking in it. Multiple times. We bought our first EV (a Tesla P85) 5 years ago and got both the federal and …
by Chris Stocks are for show, but bonds are for dough. Always keep your eye firmly on the credit space. That Federal Reserve could give a rat’s ass about whether or not you are employed or your milk costs 2x …
via MarketWatch: If you have credit-card debt, it just got a little more expensive. The Federal Reserve on Wednesday once again raised its benchmark federal funds rate — having already done so earlier this year — as many economists had expected. …
https://www.therebel.media/threat-of-… On Friday’s episode of The Ezra Levant Show, Allum Bokhari, senior technology correspondent at Breitbart News, joined me to discuss why people are growing more concerned about threats to their free speech from Silicon Valley big tech companies. …
The Chinese government has expanded its controversial social credit system to include infractions made by research scientists. Researchers in China who commit scientific misconduct could soon be prevented from getting a bank loan, running a company or applying for a …
John Rubino interviewed on Reluctant Preppers “The closer we are to danger, the farther we are from harm.” ~ JRR Tolkien What are the real reasons we should suspect that our financial lives are not as we are being told? And who …
via Marketwatch: Where you live in the United States makes a difference when it comes to paying off credit card debt. It takes the average New Mexico household nearly twice as long to pay off their credit-card debt as …
The Next Recession: Europe could ‘infect us’ says Richard Fisher from CNBC. via CNBC: Richard Fisher is a senior advisor at Barclays and was president of the Federal Reserve Bank of Dallas from 2005 to 2015. He says the economy …
credit is driving sell off in stocks pic.twitter.com/OZHAs7avfc — Alastair (@StockBoardAsset) December 11, 2018 CDX NA IG versus $SPX: credit is the big hint of risk on/off for stocks pic.twitter.com/gGVbbKaFF3 — Alastair (@StockBoardAsset) December 11, 2018 Wall St. Ignored Signs …
