by Bloomberg.com | Jan 24, 2023 | AlphaTack Intel
Range of problems larger than it usually is, strategist says He doesn’t rule out a ‘brutal decline’ to 2,000 for S&P 500 The popping of the bubble in US stocks is far from over and investors shouldn’t get too excited about a strong start to the year for the...
by Bloomberg.com | Jan 13, 2023 | AlphaTack Intel
Card balances rose in the fourth quarter, and so did bad loans Investors shake off lower-than-expected forecasts for lending US banks see tougher times ahead for consumers. That may not be so bad for the banks. But with many still keeping up, the swelling loan...
by Bloomberg.com | Jan 9, 2023 | AlphaTack Intel
US consumer borrowing climbed in November by more than forecast as credit-card balances increased by the most in three months. Total credit rose $28 billion from the prior month, Federal Reserve figures showed Monday. The median forecast in a Bloomberg survey of...
by Bloomberg.com | Jan 5, 2023 | AlphaTack Intel
Census data shows that households are struggling to cover bills as pandemic savings run out. The number of Americans relying on credit cards to cover daily expenses jumped in December as households battered by inflation find their regular income is no longer enough to...
by Bloomberg.com | Jan 4, 2023 | AlphaTack Intel
Kantrowitz at Piper Sandler forecasts a 16% decline in 2023 Back-to-back double-digit annual losses are rare in S&P’s book Equity investors hoping for a reprieve in the new year after a brutal 2022 are likely to be disappointed, according to Michael Kantrowitz at...
