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 | Aug 13, 2023 | Blog
Happy Sunday, July’s CPI print came in lower than expected. Slower hiring and rising oil prices are making the Fed’s life hard. “Novel activities” to get own supervision program. Figure withdraws bank charter app. Banks penalized for employees’ messenger use. Revolut...
by Cole Gottlieb | May 14, 2023 | Blog
Happy Mother’s Day! Inflation eased in April but remains elevated. Concerns about commercial real estate grow. PacWest cuts its dividend. EBA Fund wants to scale microloans. Revolut execs trash U.K. regulators. Fed survey shows credit tightening. Slash emerges from...
by Cole Gottlieb | Mar 19, 2023 | Blog
Happy Sunday, Headline inflation cooled somewhat, but housing prices are keeping core CPI high. Consumer spending fell. Markets expect the Fed will hike rates by 25 bps next week – but predict they’ll drop by year’s end. Regulators, politicians scramble, have...
