In Q2 2024, the average interest rate on credit cards in the US was 22.76%
There have been 346 bankruptcy filings in the US year-to-date, the most since 2010.
Summary of the trading week in several posts with the most interactions on X
The Sahm Rule indicator has been widely recognized for its accuracy, simplicity, and ability to quickly identify the onset of a recession.
The recent economic data points towards an undesired direction: recession
History suggests that the 2nd half of an election year is usually riskier in the markets
What are the short-term and long-term perspectives for the yellow metal?
Powell was speaking at the European Central Bank Forum on Central Banking in Sintra, Portugal.
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Less is more in financial markets
Is this finally a time to buy small caps?