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 BusinessInsider.com | Sep 7, 2023 | AlphaTack Intel
China’s central bank added 29 tons of gold to its reserves in August, marking a 10th straight increase. The country’s stockpiling of the safe-haven asset coincides with its efforts to move away from its reliance on the dollar. China recently cut its...
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...
