by Cole Gottlieb | Dec 3, 2023 | Blog
Happy Sunday, Consumers shelled out for gifts over Black Friday/Cyber Monday (and used BNPL to do it). Conventional wisdom increasingly says the rate hike cycle may be over. Consumer confidence stabilized. First Fed Bank’s FDIC consent order. Mozaic raises $20Mn for...
by Cole Gottlieb | Nov 12, 2023 | Blog
Happy Sunday, We haven’t beat inflation (yet), and a soft landing is still possible. Revolving debt hits a record as delinquencies increase. FTC takes action against Brigit. CFPB seeks to supervise digital wallets. Goldman looks to dump GM card. Klarna returns to...
by Cole Gottlieb | Oct 22, 2023 | Blog
Happy Sunday, Despite higher rates and reduced demand, home prices stay high on tight supply. American consumers are still spending liberally. Fed may move to cut some debit swipe fees. Stash raises $40Mn. Nova Credit raises $45Mn. Goldman finally sells GreenSky. Blue...
by Cole Gottlieb | Sep 3, 2023 | Blog
Happy Labor Day weekend! The U.S. job market seems to be cooling. Consumer confidence drops. The Fed steps up regional bank oversight. Regulators proposed new rules for mid-sized banks. Farmington puts “charter stripping” in the spotlight. Grayscale gets court win in...
by Cole Gottlieb | Jul 9, 2023 | Blog
Happy Sunday, With resilient economic activity (and inflation), the Fed expects two further hikes this year. The Supreme Court blocks Biden’s student debt plan but Biden admin has a “plan B.” Regulators weigh capital requirements. Unit21 announces Series C. Goldman...
