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Porter’s Daily Journal
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All researchThe magnitude of the current yield-curve inversion “far surpasses previous inversions” (from Research Affiliates on June 8)…
Read articleThe government’s current deficit as a percentage of gross domestic product (GDP) is virtually unheard of outside of recession (from jasonfurman via Twitter on June 9)…
Read articleCongress wants the U.S. Treasury to prepare for some significant bond-market turmoil from China (from ablertherne via Twitter on June 13)…
Read articleDespite a relatively robust economy (for now), the U.S. federal deficit is also growing at a recessionary pace (from LawrenceLepard via Twitter on June 18)…
Read articleData from JPMorgan suggest investors are “in love” with Treasury debt again (from The Daily Shot on June 21)…
Read articleDeutsche Bank strategists predict how bad the coming credit default cycle is likely to get (from MarketWatch on May 31)…
Read articleU.S. corporate bankruptcies continue to rise at their fastest pace since the Great Financial Crisis (from S&P Global Market Intelligence on June 6)…
Read articleThis veteran money manager is raising $250 million for a “big short” trade on corporate debt (from Bloomberg on June 6)…
Read articleCredit availability to small businesses continues to deteriorate (from carlquintanilla via Twitter on June 9)…
Read articleA surge of debt maturities poses a growing threat to the solvency of U.S. speculative-grade companies over the next few years (from S&P Global Market Intelligence on June 14)…
Read articleHistorically, this degree of small-business credit tightening has led to significant widening in high-yield spreads (from IanRHarnett via Twitter on June 18)…
Read articleCredit card delinquency rates are already approaching Great Financial Crisis levels (from carlquintanilla via Twitter on June 1)…
Read articleThis simple chart explains why consumer spending has held up longer than economic data would have otherwise suggested (from The Daily Spark with Dr. Torsten Sløk on June 5)…
Read articleReports from multiple retailers suggest a growing number of consumers have now reached a “tipping point” (from Palm Valley Capital Management on June 7)…
Read articleCitizens Financial Group announces it is exiting the auto loan business (from Business Wire on June 7)…
Read articleA recent survey suggests more than half of borrowers – including those earning more than $100,000 per year – will have trouble resuming student loan repayments this summer (from Morning Consult on June 8)…
Read articleConsumer credit surges to a new record high – led by credit card debt (from MishTalk on June 10)…
Read articleAuto loan delinquencies – led by subprime – have now surpassed their Great Financial Crisis peak (from S&P Global Mobility via PRNewswire on June 20)…
Read articleThis disturbing trend suggests the rise in auto loan delinquencies is just getting started (from Automotive News on June 21)…
Read articleCommercial real estate (CRE) brokerage CEO: “What’s happening in the office sector is apocalyptical” (from Fortune via Yahoo! Finance on June 1)…
Read articleA massive wave of CRE mortgages is set to come due over the next few years (from The Wall Street Journal on June 6)…
Read articleRenters could soon regain the “upper hand” for the first time in years (from The Wall Street Journal on June 13)…
Read articleThe CRE downturn could wipe out more than 300 banks in a worst-case scenario (from American Banker on June 9)…
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