Wells Fargo is tightening credit. This is commonplace in times of uncertainty. It is also one of the reasons why many feel that things will not rapidly bounce back. We already saw an increase in the lending

Automobile delinquencies reached a two decade high. To qualify, loans had to be at least 90 days behind. This shows that not all Americans are sharing in the economy growth. Automobile sales are mirrored

As auto loan debt has soared, so has the number of people who can't pay, with the level of serious delinquencies breaking past the heights reached just after the financial crisis. More than 7 million Americans

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It appears that the housing bubble that almost bankrupted the world economy in 2008 wasn't enough. In a new article that appeared in today's blog on ZeroHedge, Jamie Dimon of J.P. Morgan has observed a