Macroeconomics / Stock Market Thread

[Paul in uhh]

More Subprime Borrowers Are Missing Loan Payments

Strained by the end of pandemic benefits, consumers with limited or troubled credit histories are falling behind on payments for car loans, personal loans and credit cards.

www.wsj.com

This seems bad you guys

~50% increase in delinquency since July 2021

 

[Eight]

More Subprime Borrowers Are Missing Loan Payments

Strained by the end of pandemic benefits, consumers with limited or troubled credit histories are falling behind on payments for car loans, personal loans and credit cards.

www.wsj.com

This seems bad you guys

~50% increase in delinquency since July 2021

you don't even want to know about the potential default in commerical loans and mortgages

 

[Paul in uhh]

you don't even want to know about the potential default in commerical loans and mortgages

Wish it would happen. My home is worth more now than I ever dreamed and I can’t afford to move

 

[NewFrogFan]

Got an alert that mortgage rates are now at an 11 year high. I'd expect them to keep ticking up. I am glad I re-financed last year. The 'Murican dream is 'bout to get real expensive.

Glad I dont have one!

 

[NewFrogFan]

I bought my first house in 2000 at 7.5%...

I bought mine in 1982 at over 11%!

 

[FrogUltimate]

More Subprime Borrowers Are Missing Loan Payments

Strained by the end of pandemic benefits, consumers with limited or troubled credit histories are falling behind on payments for car loans, personal loans and credit cards.

www.wsj.com

This seems bad you guys

~50% increase in delinquency since July 2021

 

[Eight]

yet we continue to hear about the inequity and inequality in the housing market and more attempts need to be made to help those who can't afford the down payment to get into a home

almost as if the events of a decade or so didn't happen

 

[Paul in uhh]

yet we continue to hear about the inequity and inequality in the housing market and more attempts need to be made to help those who can't afford the down payment to get into a home

almost as if the events of a decade or so didn't happen

I can’t wait to hear how white supremacy killed the economy this time next year

 

[An-Cap Frog]

I can’t wait to hear how white supremacy killed the economy this time next year

Transphobia too.

 

[FrogUltimate]

The market is flipped what it was for 2020 and 2021... whenever the market has a big day, I feel pretty confident 2-3 big negative days are coming behind it.

 

[Sweat Equity]

Buckle up butter cups.

 

[Jet Set Frog]

Buckle up butter cups.

Well that doesn't sound encouraging.

 

[Sweat Equity]

Well that doesn't sound encouraging.

Friend of mine said it best:

 

[tcudoc]

Friend of mine said it best:

You know Wade? How is that guy?

 

[Sweat Equity]

You know Wade? How is that guy?

Yah we invested in Surf before they had planes. Good dude.

 

[tcudoc]

Yah we invested in Surf before they had planes. Good dude.

You name drop more than my good friends Elon Musk, Mark Cuban, and Jerry Jones combined.
I talked to Bruce Springsteen and he agreed. I thought Troy Aikman was going to swallow his tongue he was laughing so hard.

 

[Sweat Equity]

You name drop more than my good friends Elon Musk, Mark Cuban, and Jerry Jones combined.
I talked to Bruce Springsteen and he agreed. I thought Troy Aikman was going to swallow his tongue he was laughing so hard.

Ha not intentional. We live in a small universe. I hate name dropping so I shivered when you said that.

 

[Paul in uhh]

Ha not intentional. We live in a small universe. I hate name dropping so I shivered when you said that.

I tell people I know Sweat Equity on killerfrogs and they comp my bar tab

 

[tcudoc]

Ha not intentional. We live in a small universe. I hate name dropping so I shivered when you said that.

Just messing with you. I’ve never heard of that guy and I only know half of the people I mentioned.