Chris Connor
@cconnor17.bsky.social
I follow a lot of “finfluencers” on multiple platforms.
Some are fantastic. Others…. are not.
www.cutimes.com/2024/12/09/7...
Some are fantastic. Others…. are not.
www.cutimes.com/2024/12/09/7...
71% of Financial Advice Posted on Social Media Is Misleading | Credit Union Times
Gen Z and Millennials are particularly susceptible to social media financial advice.
www.cutimes.com
December 10, 2024 at 7:11 PM
I follow a lot of “finfluencers” on multiple platforms.
Some are fantastic. Others…. are not.
www.cutimes.com/2024/12/09/7...
Some are fantastic. Others…. are not.
www.cutimes.com/2024/12/09/7...
Auto loan growth is slowing at Credit Unions, delinquencies increase across all auto lenders.
Balances have also decreased.
With auto lending is becoming more competitive, where will loan growth for credit unions come from in 2025?
www.cutimes.com/2024/12/06/e...
Balances have also decreased.
With auto lending is becoming more competitive, where will loan growth for credit unions come from in 2025?
www.cutimes.com/2024/12/06/e...
Experian: Credit Unions Lose Auto Share in Past Year | Credit Union Times
Its third-quarter report shows credit unions losing 2 percentage points of their share of auto financing originations.
www.cutimes.com
December 10, 2024 at 7:09 PM
Auto loan growth is slowing at Credit Unions, delinquencies increase across all auto lenders.
Balances have also decreased.
With auto lending is becoming more competitive, where will loan growth for credit unions come from in 2025?
www.cutimes.com/2024/12/06/e...
Balances have also decreased.
With auto lending is becoming more competitive, where will loan growth for credit unions come from in 2025?
www.cutimes.com/2024/12/06/e...
The 2-Year and 10-Year Treasury Yields are super close to inverting again.
Last year the 10-Year was essentially the same price. The 2-Year was about 40 bps higher.
Will we see another inverted yield curve as short term inflation expectations increase?
Last year the 10-Year was essentially the same price. The 2-Year was about 40 bps higher.
Will we see another inverted yield curve as short term inflation expectations increase?
December 2, 2024 at 8:19 PM
The 2-Year and 10-Year Treasury Yields are super close to inverting again.
Last year the 10-Year was essentially the same price. The 2-Year was about 40 bps higher.
Will we see another inverted yield curve as short term inflation expectations increase?
Last year the 10-Year was essentially the same price. The 2-Year was about 40 bps higher.
Will we see another inverted yield curve as short term inflation expectations increase?
Credit card delinquencies are climbing.
Credit card balances are also still climbing (albeit more slowly).
Those two things are not necessarily a good match for each other.
People are borrowing more money and more people are struggling to pay it back.
www.spglobal.com/marketintell...
Credit card balances are also still climbing (albeit more slowly).
Those two things are not necessarily a good match for each other.
People are borrowing more money and more people are struggling to pay it back.
www.spglobal.com/marketintell...
www.spglobal.com
December 2, 2024 at 3:24 PM
Credit card delinquencies are climbing.
Credit card balances are also still climbing (albeit more slowly).
Those two things are not necessarily a good match for each other.
People are borrowing more money and more people are struggling to pay it back.
www.spglobal.com/marketintell...
Credit card balances are also still climbing (albeit more slowly).
Those two things are not necessarily a good match for each other.
People are borrowing more money and more people are struggling to pay it back.
www.spglobal.com/marketintell...
Small business optimism index hit its highest level since Sept. 2021 in November.
The potential of new tax cuts is driving most of it.
Financial institutions have tightened credit on small businesses, will this be a hindrance to their expected growth?
www.vistage.com/wsj-small-bu...
WSJ SMALL BUSINESS CEO SURVEY
Measuring the sentiment of small business leaders with revenues of $1-20 million.
www.vistage.com
December 2, 2024 at 3:19 PM
Small business optimism index hit its highest level since Sept. 2021 in November.
The potential of new tax cuts is driving most of it.
Financial institutions have tightened credit on small businesses, will this be a hindrance to their expected growth?
www.vistage.com/wsj-small-bu...
GDP comes in at 2.3%.
Can the consumer keep going or will debt catch up to them?
Jobless claims also came in lower this morning.
With the hot inflation prints and relatively good economic numbers, will we see a pause in rate cuts?
www.bloomberg.com/news/article...
Can the consumer keep going or will debt catch up to them?
Jobless claims also came in lower this morning.
With the hot inflation prints and relatively good economic numbers, will we see a pause in rate cuts?
www.bloomberg.com/news/article...
US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending
The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending as inflation continued to cool.
www.bloomberg.com
November 27, 2024 at 2:22 PM
GDP comes in at 2.3%.
Can the consumer keep going or will debt catch up to them?
Jobless claims also came in lower this morning.
With the hot inflation prints and relatively good economic numbers, will we see a pause in rate cuts?
www.bloomberg.com/news/article...
Can the consumer keep going or will debt catch up to them?
Jobless claims also came in lower this morning.
With the hot inflation prints and relatively good economic numbers, will we see a pause in rate cuts?
www.bloomberg.com/news/article...
Small survey, but it fits with the overall economic trend.
Can consumers continue their debt fueled spending frenzy to keep the economy growing or, with pandemic savings gone, will we see them soon top out and hit the brakes?
www.cutoday.info/Fresh-Today/...
Can consumers continue their debt fueled spending frenzy to keep the economy growing or, with pandemic savings gone, will we see them soon top out and hit the brakes?
www.cutoday.info/Fresh-Today/...
Consumers Ready To Max Out Plastic Soon / Fresh Today / CUToday.info - CU Today
The Coolest Credit Union News Source
www.cutoday.info
November 27, 2024 at 12:41 PM
Small survey, but it fits with the overall economic trend.
Can consumers continue their debt fueled spending frenzy to keep the economy growing or, with pandemic savings gone, will we see them soon top out and hit the brakes?
www.cutoday.info/Fresh-Today/...
Can consumers continue their debt fueled spending frenzy to keep the economy growing or, with pandemic savings gone, will we see them soon top out and hit the brakes?
www.cutoday.info/Fresh-Today/...
Duh. If we have to cut rates fast, that means there’s something wrong.
Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual www.bloomberg.com/news/article...
Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual
Federal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and inflation slowly cools, minutes from their latest policy meeting ...
www.bloomberg.com
November 26, 2024 at 9:42 PM
Duh. If we have to cut rates fast, that means there’s something wrong.
Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual www.bloomberg.com/news/article...
A good article on bank failures, why they happen and why they are a normal part of our banking system.
Also, explains why regulators shouldn’t pick winners and losers (big banks vs. small banks)
openbanker.beehiiv.com/p/threecheer...
Also, explains why regulators shouldn’t pick winners and losers (big banks vs. small banks)
openbanker.beehiiv.com/p/threecheer...
Three Cheers for Normal Bank Failure
Written by Aaron Klein
openbanker.beehiiv.com
November 26, 2024 at 1:54 PM
A good article on bank failures, why they happen and why they are a normal part of our banking system.
Also, explains why regulators shouldn’t pick winners and losers (big banks vs. small banks)
openbanker.beehiiv.com/p/threecheer...
Also, explains why regulators shouldn’t pick winners and losers (big banks vs. small banks)
openbanker.beehiiv.com/p/threecheer...