And the spike in mortgage rates will come in handy.
Six million Americans are 90-plus days delinquent.
In turn, households get a feel-good illusion.
The beating resumed today and will continue until the mood improves.
The “risk free” bonds have bloodied investors.
As Trump looms, “Inflation Trade” heats up, “Greater-Fool Trade” falls apart
The Fed likes the word “credit.” It sounds a lot less onerous than “debt.”
The costs of the largest game of “Greater Fools” in economic history.
Something weird is going on – that’s all everyone knows.
These US Markets Have Cracked, and the Cracks are Spreading.