by Vy Phan | Sep 1, 2019 | Blog
Greetings, We at PeerIQ want to wish you a safe and relaxing Labor Day weekend. We leave you with some headlines from this week. Industry Update Big Tech and banks are vying for the same consumer (Yahoo, 8/25/2019) Financial institutions are looking to get in on the...
by Vy Phan | Aug 18, 2019 | Blog
Greetings, News of the 2yr/10yr yield curve inversion founds its way onto the tablets and screens of moms and pops across America. Headlines like “How the Recession of 2020 Could Happen?” graced the pages of major publications from the New York Times to the Drudge...
by Vy Phan | Aug 11, 2019 | Blog
Greetings, This week we start with the compression in global bond yields and touch on developments from GreenSky (for sale!), Lending Club (new program), and Klarna (record financing). Global rates compressed amidst flight to safety concerns. The main drivers are a...
by Vy Phan | Aug 4, 2019 | Blog
Greetings, This week, we discuss the Fed rate cut to the 2 to 2.5% target range, and provide market color on OnDeck earnings. Fun fact #1: It has been 3,878 days (10.5+ years) since the FOMC last cut rates. This is the second longest streak on record behind the 4,115...
by Vy Phan | Jul 28, 2019 | Blog
Greetings, The neo-banks continue to take center stage this week. We dig into MoneyLion’s roaring $100 MM financing round and the “Netflix” banking model. But first, in industry news, Equifax settled $700 million with state and federal authorities due to the 2017...
