Spreading the truth. Empowering the people.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The once hot asset class of high-end student housing runs into reality. “Student housing” is no longer the spartan cramped dorm room. It’s a global asset … Read more
by multicm Data Source: NCUA Quarterly Call Report Data www.ncua.gov/analysis/credit-union-corporate-call-report-data/quarterly-data Tool Used: Excel
www.bloomberg.com/news/articles/2019-02-16/u-s-student-debt-in-serious-delinquency-tops-166-billion?srnd=premium Student-loan delinquencies surged last year, hitting consecutive records of $166.3 billion in the third quarter and $166.4 billion in the fourth. The total in arrears is about twice the … Read more
via CNBC: For example, 27 percent of people in Florence, South Carolina, who bought their car with a so-called subprime score — defined as a VantageScore between 300 and … Read more
ANYONE FEEL LIKE THIS MIGHT BE A PROBLEM? COMMERCIAL BANK #INTERESTRATE ON #CREDITCARD PLANS VS. DELINQUENCY RATE ON CREDIT CARD LOANS (BANKS NOT IN TOP 100 BY ASSETS) Delinquency rates … Read more
h/t @StockBoardAsset WEALTH EFFECT DEFECT Small business optimism
This chart says stock market is overvalued pic.twitter.com/HDNSKqKc3T — Alastair Williamson (@StockBoardAsset) September 6, 2017 Chart of the Day: Corporate Taxes As % of Pre-Tax Income Have Never Been Lower … Read more
by Victor Mozambigue Rising household debt is not the only concern for US homeowners. A rising rate of delinquencies is making the credit situation even worse. The Dodd-Drank regulations have … Read more
