Links to the best financial articles I read today, January 20, 2023

The US Consumer Has Cracked: Discover Plunges After "Shocking" Charge-Off Forecast   The US Consumer Has Cracked: Discover Plunges After "Shocking" Charge-Off Forecast | ZeroHedge

Auto Crisis Worsens as Rate of Severely Delinquent Loans Hits 2009 Levels   Auto Crisis Worsens As Rate Of Severely Delinquent Loans Hits 2009 Levels | ZeroHedge

Residential Construction Splits: Multifamily Starts in 2022 Jump to Highest since 1980s Boom, Single-Family Starts Drop   Residential Construction Splits: Multifamily Starts in 2022 Jump to Highest since 1980s Boom, Single-Family Starts Drop | Wolf Street

Don't Call it Capitalism: The Fed's $8 Trillion Hoard of Financial Assets   Don't Call it Capitalism: The Fed's $8 Trillion Hoard of Financial Assets | Mises Wire

Recession Watch: The Yield Curve is the Most Inverted Since the Early 1980s  Recession Watch: The Yield Curve is the Most Inverted Since the Early 1980s - Mish Talk - Global Economic Trend Analysis

Housing Starts and Permits Down Again in December Closing Out a Dismal Year   Housing Starts and Permits Down Again in December Closing Out a Dismal Year - Mish Talk - Global Economic Trend Analysis

Is It Realistic to Have 100% of Your Portfolio in Stocks?  Is It Realistic to Have 100% of Your Portfolio in Stocks? (awealthofcommonsense.com)