What do you think the expansion of bad loans? Will this play a role along with all the other garbage?
The economy is weak. It’s very weak. FANG stocks are up though. But since main street and wall street are completely disconnected we need to look into different sources of information to be able to determine the direction of the economy. Are you ready?
52.1% of Kids Live in Households Getting Means-Tested Government Assistance
Lenders Shunned Risky Personal Loans. Now They’re Competing for Them. – WSJ
www.wsj.com/articles/lenders-shunned-risky-personal-loans-now-theyre-competing-for-them-1535103000
wells mortgage apps q1.jpg (818×515)
www.zerohedge.com/sites/default/files/inline-images/wells%20mortgage%20apps%20q1.jpg
wells mortgage originations Q1 2.jpg (818×515)
www.zerohedge.com/sites/default/files/inline-images/wells%20mortgage%20originations%20Q1%202.jpg
Wells Fargo lays off more than 600 mortgage workers | Reuters
wealth-inequality2.jpg (550×496)
www.oftwominds.com/photos2018/wealth-inequality2.jpg
US-consumer-credit-card-charge-offs-2018-Q2.png (495×597)
US-consumer-credit-card-delinquency-2018-Q2.png (487×458)