The Fed has handed out 10 rate hikes, with a possible 11th next month. What are the effects of the fastest rate hikes, so far? [US Macro...

Chatbots have become popular in the financial industry - in 2022, almost 100 million people in the US or 37% of the population engaged...

🇺🇸 US CFPB recently reminded consumers that funds parked in payment apps are not subject to deposit insurance. The growth of non-bank...

Recession? Soft landing? The outlook is between gloomy and sunny.

After the regional bank crisis in March, How is consumer deposit changing at the largest US banks? In Q1, the largest 4 US banks saw...

The 3-year Pandemic Journey - 🇺🇸 US Interest Rate Yesterday the Fed continued the rate hike for the 9th time - with 25 bps. Here is a...

The 3-year Pandemic Journey 🇺🇸 US Inflation To understand how we got here, it helps to look back. 🟢 May 2020: 0.2% The pandemic...

In early 2022, CFPB launched an initiative to target excessive fees charged in consumer finance. On March 8, 2023, the agency published a...

🇨🇦 Jan inflation down to 5.9%. Why is the price still high up there? Inflation measures the speed of price increases. The drop of...

🚨 As if the growing mortgage payment is not enough, Canadian homeowners now have a new thing to worry about. Criminals are eyeing to...

Big 5 banks’ Q4 earnings reports are out. Here is an update of the mortgage book. 👇 It is a very Rough estimate, as each bank reports...

Canadians heard the mortgage trigger rate a lot. How many mortgages have reached that? The answer from the Bank of Canada 👇 Out of a...

Q3 saw fast rate hikes and an uncertain future. How is the US household credit doing? Here is the latest Fed report: 👇 US household debt...

Who Am I❓ A question everyone must ask. A question every bank must ask as well. Here is Goldman Sachs’ journey to explore a new identity...

Actions don’t always match feelings. As confirmed by the credit card numbers in Q2 earning reports. Credit card purchases had a strong...

Interesting time. The fear of recession has never been greater, while the consumer loss rate is historically low. What is the status of...

As the stimulus benefit gradually recedes, consumer delinquency will continue to normalize/increase in 2022 - first with the subprime...

The economic data is great, But the middle class is mad. Why? This Time article details the struggle of today’s middle class. And the...

The Fed reported a $42 billion growth in consumer borrowing in Feb 2022. Consumers seem to pay down balances more slowly. This could be...