Daniel M. Sullivan
@dsullivan.bsky.social
Economist, Research Director @ JPMorgan Chase Institute. Consumer & household finance.
www.danielmsullivan.com
www.danielmsullivan.com
I took a class in ugrad freshman year and I still think about it regularly. Allusions and wordplay people have been unraveling for hundreds of years, an absolute next level work.
November 10, 2024 at 3:46 AM
I took a class in ugrad freshman year and I still think about it regularly. Allusions and wordplay people have been unraveling for hundreds of years, an absolute next level work.
I guess I'm gonna have to write something about auto debt...
October 3, 2024 at 9:26 PM
I guess I'm gonna have to write something about auto debt...
I would think so. Cursory search for what fraction of auto loans are floating didn't find anything. My prior is that it's mostly fixed but that's a guess.
October 3, 2024 at 9:26 PM
I would think so. Cursory search for what fraction of auto loans are floating didn't find anything. My prior is that it's mostly fixed but that's a guess.
I happened on this today while looking for something else, from the Other Institute. Looks like the spike in prices subsided as rates rose (probably some causality there). But median and average payments are not up much more than inflation.
NB: some of this throws out people who miss any payments
NB: some of this throws out people who miss any payments
October 3, 2024 at 9:17 PM
I happened on this today while looking for something else, from the Other Institute. Looks like the spike in prices subsided as rates rose (probably some causality there). But median and average payments are not up much more than inflation.
NB: some of this throws out people who miss any payments
NB: some of this throws out people who miss any payments
Which it was, until mid '22 when auto rates started to rise. But IDK if enough people are savvy enough to drive a trend like this, though.
October 3, 2024 at 12:32 PM
Which it was, until mid '22 when auto rates started to rise. But IDK if enough people are savvy enough to drive a trend like this, though.
The "rolling negative equity" Q is interesting, and something we might be able to do with our data.
there was also about a year between inflation spiking (partly b/c car buying) and rates rising. You could get 1.99% until ~Jan 2022. I would (and did) take every dollar possible under those terms.
there was also about a year between inflation spiking (partly b/c car buying) and rates rising. You could get 1.99% until ~Jan 2022. I would (and did) take every dollar possible under those terms.
October 3, 2024 at 12:25 PM
The "rolling negative equity" Q is interesting, and something we might be able to do with our data.
there was also about a year between inflation spiking (partly b/c car buying) and rates rising. You could get 1.99% until ~Jan 2022. I would (and did) take every dollar possible under those terms.
there was also about a year between inflation spiking (partly b/c car buying) and rates rising. You could get 1.99% until ~Jan 2022. I would (and did) take every dollar possible under those terms.
Yes, that too. Unfortunately, idk if we'll ever have admin data to answer this. I'm pretty sure make/model/price isn't in bureau data, and no bank is going to reveal how underwater its own loans are.
October 3, 2024 at 3:31 AM
Yes, that too. Unfortunately, idk if we'll ever have admin data to answer this. I'm pretty sure make/model/price isn't in bureau data, and no bank is going to reveal how underwater its own loans are.
Delinquencies aren't too crazy yet. Credit got pretty loose in '21-'22, so the overall credit pool is more risky and it's an open question how much of recent credit trends (delinq., underwater) are from that.
October 3, 2024 at 2:53 AM
Delinquencies aren't too crazy yet. Credit got pretty loose in '21-'22, so the overall credit pool is more risky and it's an open question how much of recent credit trends (delinq., underwater) are from that.
I got to a point once with a very good RA where we communicated almost exclusively via Trello, and the occasional phone call as needed to talk through stuff. I could track exactly what he was doing real time, and he knew exactly what to do next. It was amazing for both of us.
October 3, 2024 at 12:37 AM
I got to a point once with a very good RA where we communicated almost exclusively via Trello, and the occasional phone call as needed to talk through stuff. I could track exactly what he was doing real time, and he knew exactly what to do next. It was amazing for both of us.
it's still the shared version and allows simultaneous editing, but in the standard Word UI. But it's possible it's not a universal feature
September 27, 2024 at 1:08 AM
it's still the shared version and allows simultaneous editing, but in the standard Word UI. But it's possible it's not a universal feature
We have a "open in desktop app by default" option. Don't know if that's standard.
September 26, 2024 at 11:26 PM
We have a "open in desktop app by default" option. Don't know if that's standard.
