Here in the US Moody’s says households in certain income categories are increasing their debt or taking on high amounts, which may pose a risk to banks and financial institutions. Families in the 20 to 40% percentile, or who have before-tax incomes of about $33,100, had debt burdens tick up to 15.6% in 2016 from 15.3%, according to data from the Federal Reserve’s Survey of Consumer Finances. That’s not a big jump, Moody’s said, but wrote that “the rise suggests a change in behavior among certain borrowers or lenders that may lead to further increases or widen.”
Marketwatch reports there’s a link between CEOs who torture the English language and poor stock performance. If you have ever heard a CEO drone on during a conference call with analysts you know there’s jargon, mangled English and double-speak. It turns out that executives’ comments and behavior during those calls can be linked to subsequent stock performance according to a study by S&P Global Market Intelligence Quantamental Research on natural language processing. Bottom line, if you can’t understand what the CEO is saying, there’s a good chance the stock price will drop.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.