Credit is getting harder to find

 Credit is now "tighter" than at any time since right before the last financial crisis, excluding a brief period early in the pandemic. Take a look...

As credit continues to tighten, I predict we'll read more and more stories in the coming months about rising delinquencies, defaults, and bankruptcies.

The Fed stepped in after the pandemic with unprecedented stimulus the last time credit tightened. But it's powerless to stop the credit crisis this time due to persistent inflation...