Luke Gromen: Delinquency chart returns to mid-2007 levels despite strong U.S. economy narrative

Luke Gromen: Delinquency chart returns to mid-2007 levels despite strong U.S. economy narrative
Delinquency chart returns to 2007 levels

Luke Gromen, founder, president, macroeconomic analyst, investor at FFTT, LLC (Forest for the Trees), raises questions about economic strength as a key delinquency chart returns to levels last seen in mid-2007.

He also questions whether higher interest rates would actually reduce delinquencies, challenging the prevailing narrative of a robust U.S. economy.

Gromen has recently questioned why deflation in China is not offsetting inflation in the U.S., raising the issue of potential de-dollarization. He has also examined decisions around IPO timetables when U.S. consensus projects lower gold prices over the next 6–12 months. His commentary continues to challenge prevailing economic narratives.

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