IF a severe recession hits, how would the US banks fare? Based on the stress testing of the 23 large US banks, they have enough capital...

🚗 How is the auto loan doing in 2023 so far? Everything is up. 🟦 Auto Price Up The new car price index continues to climb in May, ...

🇨🇦 Banks Q2 Reports Another quarter with a modest reserve increase. In Q2 (ending Apr), the collective reserves of the big 5 Canadian...

With the banking crisis in March, How is US consumer credit doing? Here is the Q1 ‘23 Fed report: 👇 Quarterly debt growth slowed to...

The 3-year Pandemic Journey 🇨🇦 Bank Reserves Big 5 Canadian banks started the 1st quarter in fiscal year ‘23 with another allowance...

BNPL - Latest Regulatory Actions 🇺🇸 Another Report from CFPB CFPB released its analysis of BNPL customers’ credit profile, based on a...

2022 saw the fastest rate hike. How is US consumer credit doing? Here is the latest Fed report: 👇 US household debt up $394 billion in...

Last year, one of my credit cards received a 60% credit line decrease (CLD). It is understandable as issuers reduce exposure on long-term...

Despite the gloomy headlines, US consumers are unfazed to pull out their cards. In the most recent financial quarter, 👉 Visa credit...

But it is not as bad as it sounds. The top 4 US banks accelerated their reserve building in Q4 ‘22: +$2.9B, or +4.4% Q/Q. This is the 3rd...

In the face of the rising risk in the mortgage market, the Canadian financial regulator OSFI is soliciting feedback on more restrictive...

The latest US inflation number is out. It is in the right downward direction but still high. Latest 12-month inflation readings: 🇺🇸 US...

Did you ask this question in the past few weeks, hoping that your colleague was still in the office? Or did you get asked about this...

🇨🇦 Big 5 Banks wraps up fiscal year ‘22 With a meaningful allowance Increase. In Q4 (ending Oct), the collective reserves are up 5.9%...

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...

🟧 Higher Rate - To Be Higher Bank of Canada (BoC) raised the rate by another 50 bps in Oct - the cumulative hike is 350 bps this year....

🏠 Interest Rate Dampens Mortgage Activity The Q3 earnings reports show the impact of the fast interest rate hike. Q3 ‘22 mortgage...

Even with the upcoming recession becoming more certain, it is probably a mild one - according to big banks’ reserve change in Q3. The...

Apple Pay Later was nowhere to see in the iOS 16 release. When can you see it? Apple: Later. Why the delay? Per Mark Gurman from...