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“based on communications with Moody’s analysts” “based on internal data from Moody’s” “data from Moody’s” with no qualifier indicates the reader should be abl
by davidclark 2y ago
“based on communications with Moody’s analysts”
“based on internal data from Moody’s”
“data from Moody’s” with no qualifier indicates the reader should be able to reasonably find the information themselves (which they can’t in this case)
- listenallyall 2y agoThe general public expects to be able to find all of Moody's analysis and data? No. The "from Moody's" is the part that indicates this data is likely proprietary and inaccessible, as opposed to a government or university source like the Fed, or U.Mich consumer surveys.
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- davidclark 2y agoThis is a really nitpicky thread when in my top comment I allowed for the possibility of private sources: > If it truly cannot be linked because it is private, more context is still needed to understand what this data means.
- listenallyall 2y agoGuess you skipped over the context provided in the preceding 13 paragraphs: a sign that lower-income consumers’ financial health is waning a closely watched measure of significant loan distress but the bottom third of US consumers are tapped out consumers’ personal finances are becoming increasingly stretched Consumer spending power has been diminished Americans who cannot pay off their credit card bills in full paying $170bn in interest as a result, more of those borrowers are struggling to pay back their credit card debt
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