When everyday Americans struggle to pay their bills, they often turn to credit to make up the difference.
It’s a common warning sign that all is not well in the day-to-day economy.
A healthy economy relies both on banks being able to lend out money to support economic activity, and borrowers being able to pay back those loans so future lending can occur. Lately, one side has not been holding up their end of the bargain.
A healthy economy relies both on banks being able to lend out money to support economic activity, and borrowers being able to pay back those loans so future lending can occur. Lately, one side has not been holding up their end of the bargain.
Small cap stocks – those related to companies with market capitalization between about $300 million and $2 billion – are the market’s canary in the coal mine.