by Cole Gottlieb | Jul 16, 2023 | Blog
Happy Sunday, Inflation came in unexpectedly low, at 3%. Growth in consumer debt slows. Bank of America enforcement action. Capital One exits consent order. Clair and Jirav announce fundraises. “Durbin 2.0” could have unintended consequences. Banks collaborate on...
by Cole Gottlieb | May 7, 2023 | Blog
Happy Sunday, The Fed hikes again but signals a pause is possible. Job market data. Treasury announces buyback program. FDIC deposit insurance report recommends “targeted coverage” expansion. Apple users put nearly $1Bn in new savings accounts. Greenwood acquires...
by Cole Gottlieb | Apr 30, 2023 | Blog
Happy Sunday, Buckle up, we have a long one this week, as many companies reported earnings, new consumer credit data dropped, and another bank may be entering receivership. GDP growth slowed. TransUnion consumer credit data. CFPB data breach fallout. SBA may loosen...
by Cole Gottlieb | Apr 16, 2023 | Blog
Happy Sunday, Overall inflation cooled, but core CPI remains elevated. Markets expect another 0.25 hike, but Fed officials are divided. IMF expects U.S. growth to slow. Chopra discusses deposit insurance in wake of bank crisis. Clear Street raises $270Mn. Auditors...
by Cole Gottlieb | Apr 9, 2023 | Blog
Happy Sunday, There are signs the job market is finally slowing. Senators from both parties want more Fed transparency. Frank founder faces civil, criminal charges in JPMC fraud case. Sunlight Financial picks Cross River for SVB debt refi. Acorns acquires GoHenry....
