Posted on 12/26/2023 1:31:29 PM PST by davikkm
In a week marked by the S&P500 witnessing its largest-ever inflow at a staggering $21 billion, there’s an unsettling undercurrent in the financial landscape that demands attention. Bankruptcy filings are surging ominously, casting a shadow on the euphoria of market inflows. Additionally, the U.S. Corporate Default Rate, a key indicator of anticipated defaults among corporations with speculative-grade credit ratings, has witnessed a notable spike.
The paradox between record-breaking market inflows and rising defaults raises questions about the Federal Reserve’s seemingly dovish stance. Is the Fed preemptively responding to an imminent storm on the financial horizon?
(Excerpt) Read more at citizenwatchreport.com ...
But, but...I did a search today on what the ‘financial forecast’ is for 2024 and ALL of the major brokerage houses and the Enemy Media stated that we’re going to have a ‘soft landing’ and that everything is Rainbows and Skittle-F@rting Unicorns so not to worry!
*SMIRK*
nicely done Diana! I can almost smell the skittlefarts already and I’m sure I heard that “sound” when Joe was asking why riff raff like me can’t understand what a GREAT economy he’s created for us. yeah, must be public school failed me on the road to indoctrination.
Well, I think Yogi Berra said it best: “It’s tough to make predictions, especially about the future.”
We have a consumer driven economy but the consumer has been buffeted by inflationary winds that are steadily shrinking disposable income. The rising costs of necessities (and higher interest rates) are leaving precious little left over for discretionary spending. That could be a big problem going forward.
Indeed a lot of banks going under
A sign of a robust and booming economy, Joe Biden said so, I saw it on TV...
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