Rejection

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…

Stocks Slump After McConnell Slams Schumer COVID Relief Rejection

Having dismissed the GOP’s bigger COVID Relief bill offer as “unacceptable”, Dem Leaders Schumer and Pelosi are getting panned by Senate Majority Leader McConnell as he shot back at them: *MCCONNELL SAYS DEMOCRATS MOVING GOALPOSTS ON AID BILL *MCCONNELL SAYS SCHUMER, PELOSI BRUSHING OFF GOP AID PROPOSALS *MCCONNELL SAYS DEMOCRATS NEED TO DECIDE TO MAKE…