Discussion about this post

User's avatar
Nik K's avatar

insightful, as usual.

I find especially interesting your remark on potential early credit crunch sign (auto loan delinquency), though being aware of my own's confirmation bias.

I also find valuable your thesis about the Fed potentially injecting shadow liquidity into the CRE crisis. In my view, such a scenario could potentially lead not to a remarkable decline in asset prices awaited by many, but to a further U.S. dollar debasement.

Thank you, Nik, Joe.

Expand full comment
1 more comment...

No posts