Credit has been on the move, along with equities. Equities alone were never going to be enough to sway the Fed but equities + credit = another story.

#Credit has been on the move, along with #equities. Equities alone were never going to be enough to sway the #Fed but equities + credit = another story. #data #dataviz pic.twitter.com/j6RLKDsoWj — Win Smart, CFA (@WinfieldSmart) November 30, 2018 It …

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China’s Orwellian Social Credit Score has already banned 11 million flights and 4 million train trips by “undesirables.”

via zerohedge: The “Beijing Further Optimization of the Business Environment Action Plan (2018-2020)” has just been distributed to all district committees, district governments, municipal party committees, local government ministries and commissions bureaus, various head offices, multiple people’s organizations, colleges, and universities. The new report …

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Don’t go into debt and or rack up huge credit card bills in order to buy your friends and family gifts for the holidays. It’s not worth the anxiety, setback and stress going into the new year. Send a card, write a letter or make a phone call. As always it’s the thought, not the gift that counts.

Kids don’t need much. Lots of great memories can be had without digging into debt.   3 in 10 Americans Are Still Paying for Last Year’s Holiday Expenditures But that won’t stop them from tacking on still more debt. “Holiday …

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The Credit Cycle Begun 2009 is Over

via  Crisis By The Phoenix Global growth is officially dead. The markets picked up on this first, with Copper, Lumber, Industrial Metals and other economically sensitive asset classes collapsing starting in May. Looking at those charts, it was easy to single out the …

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Credit Markets: To BBB or Not to BBB?

via Pimco Financial media and investors have been focusing on the BBB segment of the U.S. investment grade (IG) corporate bond market this year. At $3.1 trillion in market capitalization (nearly quadrupled from a decade ago), BBBs constitute nearly half …

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Consumer credit, Employment

by WARREN MOSLER Highlights Consumer credit growth slowed more than expected to just $10.9 billion in September, below Econoday’s consensus range and less than half of the upwardly revised $22.9 billion August increase. Growth slowed in nonrevolving credit, which rose …

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The Big Short – Credit Swaps

Dr. Michael Burry bets against the then iron clad housing market by having multiple banks create credit swaps and then selling mortgage backed securities short. Straight come up.