High-profile defaults continue to make headlines as borrowers face higher debt service costs, refinancing gets tougher; delinquency rates are rising; and the lending environment is getting much tougher.
"Not a crime, not a misdemeanor, not an affair..."
"Central banks do not have the power to determine how monetary policy is transmitted. Markets decide... And there is always a trade-off that central banks must make between price stability and financial stability."
Paypal was the most used "buy now, pay later" service among the generation, followed by Afterpay, Klarna and Affirm...
"The epidemiological, clinical, and biological evidence..."
Russian tactical nukes could be in Belarus by summer, Putin says.
“The government is already dead in the eyes of the French; it doesn’t have any legitimacy anymore...”
"More decisive action must be taken against Moscow's spies."
“We do not have ammunition. For us the situation in the East is not good.”
That mob was drunk on sanctimony. This is what happens when we tell people their identity is the most important thing in the world and that anything that so much as grazes their self-esteem is an outrage that must be crushed...
Buying bottled water is a luxury that not everyone in the world can afford...
"We are only just beginning to scratch the surface on FBI involvement..."
"It’s a -200k non-farm payrolls report that leads to a 50bp rise in long-term bond yields. And that’s where the people running policy are leading us. To be an emerging market."
Some experts believe that by 2030, the only person left in California will be Gavin Newsom - and he'll spend half his time on his ranch in Montana...
"We are deeply concerned by today's developments out of Israel...Democratic societies are strengthened by checks and balances..."
When inflation is no longer an issue, because in response to instability, the financial markets would deal such a blow to the real economy that we would experience a severe recession...
Markets aren’t persuaded by words alone. They move on fear, greed, and math...