It’s ’08-’09 all over again, yet another warning sign, plus look at what is hitting all-time highs.
’08-’09 All Over Again
(King World News) – Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: Credit card delinquencies starting to pick up, especially for retail (store-issued) cards (see below).
Credit Card Delinquencies Going Parabolic!
Yet Another Warning Sign
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: Hedge funds have sharply increased equity exposure, as per Bank of America Global Fund Manager Survey (see below)..,.more