by Bloomberg.com | Sep 8, 2023 | AlphaTack Intel
US consumer borrowing rose in July, reflecting a rebound in credit-card balances. Total credit increased $10.4 billion, Federal Reserve data showed Friday. The gain, which isn’t adjusted for inflation, was less than the $16 billion median forecast in a Bloomberg...
by Bloomberg.com | Sep 8, 2023 | AlphaTack Intel
Strategists would sell any rally to position for hard landing Yield gap between equity and bonds is lowest since 2000 The rising threat of interest rates staying higher-for-longer is likely to dent prospects of a soft landing for the US economy and drive a selloff in...
by Bloomberg.com | Sep 5, 2023 | AlphaTack Intel
He tells David Rubenstein 95% of his money is in a foundation Co-founder of GMO says most pressing issue is climate change While many on Wall Street have stopped obsessing about a recession, Jeremy Grantham has not. That should shock no one who has followed the career...
by Bloomberg.com | Aug 23, 2023 | AlphaTack Intel
Newmark sees defaults mounting for overleveraged owners Offices account for biggest share of potentially troubled debt ABOUT $1.2 trillion of debt on US commercial real estate is “potentially troubled” because it’s highly leveraged and property values are falling,...
by Yahoo.com | Aug 12, 2023 | AlphaTack Intel
The number of workers looting their retirement savings is escalating. In the second quarter, the tally of folks taking hardship withdrawals from their 401(k) was up 12% compared to the first three months of the year and leapt 36% year over year, according to a...
by Bloomberg.com | Aug 4, 2023 | AlphaTack Intel
Everything selloff is mirror image of July’s everything rally Treasuries drop amid Fitch downgrade, government bond sales When skepticism shifts to euphoria as quickly as it has in 2023’s stock and bond markets, the comeuppance is apt to be swift. That was the tale of...
