Subprime Rises: Credit Card Delinquencies Blow Through Financial-Crisis Peak at the 4,705 Smaller US Banks by Wolf Richter • Nov 20, 2018 • 67 Comments So what’s going on here?
The State of the American Debt Slaves, Q3 2018 by Wolf Richter • Nov 7, 2018 • 95 Comments Consumers are being lackadaisical again with their plastic.
There’s Nothing in this GDP Report to Slow the Fed’s Rate Hikes by Wolf Richter • Oct 26, 2018 • 50 Comments But ballooning inventories point at risks next year.
The Fed’s Not Backing Off: Powell’s Standouts & Zingers at the Press Conference by Wolf Richter • Sep 26, 2018 • 67 Comments The US is “on an unsustainable fiscal path, there’s no hiding from it.”
HELOCs in the US & Canada: As “Scarred” Americans Learned Bitter Lesson, Canadians Went Nuts by Wolf Richter • Sep 20, 2018 • 107 Comments Home-equity-loan balances in Canada per capita are now 3.3 times what they were in the US during HELOC peak before it all collapsed.
As of Sep 21, “Credit Freezes” & “Unfreezes” Will Be Free for All Americans by Wolf Richter • Sep 18, 2018 • 35 Comments After the uproar about the Equifax hack, Congress did do something. And credit freezes are now a lot easier to place and lift.
What Can Cause the Next Mortgage Crisis in the US? by Wolf Richter • Sep 16, 2018 • 96 Comments The soothingly low mortgage delinquency rate is a deceptive indicator: the New York Fed weighs in.
What Will These Mortgage Rates Do to Homeowners Trying to Refinance, Homebuyers, and Mortgage Lenders? by Wolf Richter • Sep 12, 2018 • 50 Comments Refinancing activity plunges to the lowest level since 2000.
Automakers Take Note: Americans Are Changing How They Commute to Work by Wolf Richter • Sep 2, 2018 • 117 Comments A structural shift with some significance for the auto industry.
Subprime Begins to Haunt Credit Card Balances by Wolf Richter • Aug 21, 2018 • 60 Comments Delinquencies soar past Financial-Crisis peak at the nearly 5,000 smaller US banks, and these are the good times. What’s going on?
