The Panic Melt-Up In Bank Stocks | Chris Whalen on Recession Fantasies & Capital Market Reawakening
Monetary Matters with Jack Farley
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The State of Consumer Credit Delinquencies
This chapter explores the rising delinquencies and defaults in consumer credit, particularly focusing on credit cards and auto loans. It contrasts the stable financial health of affluent borrowers with the struggles of lower-income consumers due to economic pressures. The analysis includes the challenges faced by non-bank subprime issuers and shifts in borrowing attitudes among younger generations.
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