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Rate Cuts, Hot GDP, and Two Economies’ Delinquencies
This week, our 3 Things are:
1. Rate cuts. Here are some grounding points around this upcoming paradigm shift.
2. Where is the slowdown? Q2 GDP blows away the consensus. Does that change things?
3. Consumer loan deterioration in a low unemployment environment. This cycle is different.
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By KBRA
5
1717 ratings
This week, our 3 Things are:
1. Rate cuts. Here are some grounding points around this upcoming paradigm shift.
2. Where is the slowdown? Q2 GDP blows away the consensus. Does that change things?
3. Consumer loan deterioration in a low unemployment environment. This cycle is different.
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