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"While many measures of asset quality still look benign, higher rates are pressuring borrowers, and nonperforming assets, delinquencies, and charge-offs are rising toward at least their historical averages," S&P said. "Amid higher for longer interest rates, we expect further asset quality deterioration."
https://www.foxbusiness.com/economy/sp-d...nvironment
(This post was last modified: 23-08-2023, 11:37 AM by
theold.)
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The hidden truth - corporate earnings down for 9 consecutive months.
https://www.tiktok.com/@financialboffins...f4JO4ATOC7
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News tat 50% of coy in US see a recession coming.
I think so. But how deep. No one know. Even FED don’t know till it happen.
That why fed is always behind the curve. Otherwise stock market will never ever crash if fed can know in advance.
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