Credit Market - Truenewj

Three charts show where Jamie Dimon’s credit ‘cockroaches’ could be hiding in the market

amefika7 months ago03 mins

There are signs that Jamie Dimon might be right about the cockroaches lurking in the debt market, says Rosenberg Research. The research firm noted signs of growing credit difficulties for households and businesses. Consumers and businesses are under pressure and are falling behind on payments. Jamie Dimon may be right about cockroaches. The head of…

FCA on alert after collapse of US auto parts giant exposes cracks in private credit

amefika8 months ago05 mins

Britain’s Financial Conduct Authority (FCA) said it is closely monitoring the fallout from the collapse of US auto parts maker First Brands Group, warning that the case underlines growing risks in the rapidly expanding private credit market and its potential implications for the UK financial system. The FCA described the implosion of First Brands, along…