Applications

Credit Applications Are Down and Rejection Rates Are Up

Authored by Mike Shedlock via MishTalk, Need Credit? You may be out of luck, especially on credit card requests. Credit Access Largely Down during the Pandemic The New York Fed Credit Survey shows credit applications are mostly lower with rejections higher.  The October 2020 survey shows most credit application and acceptance rates falling sharply with the onset…

MBA Applications Surge Despite Fed Defiling All Economic Laws As We Know Them

Who in their right mind would want to be an MBA in this environment? That’s the first question that came to our minds when we found out that MBA application volume was surging. Thanks to vast distortions in both capital markets and the economy brought on by the Fed rigging interest rates and introducing limitless money…