Maxine Waters To Trump: "Get Ready For Impeachment"

Having demanded Donald Trump's impeachment before he became President, called his cabinet "scumbags," and slammed him for supporting "Korea-invading Putin;" it appears Maxine Waters is doubling down, tweeting today that it's time to "get ready for impeachment."
 
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Over this past weekend we noted that the Fed's latest weekly commercial bank loan data revealed some rather shocking deterioration in year-over-year loan growth.  As shown in the chart below, after growing 4.6% one week ago, total loans and leases grew only 4.2% in the week ended March 8: the lowest growth rate since May 2014. However, it was once again the Commercial and Industrial loans creation - or lack thereof - which was more problematic, because after growing 4.0% on a year over year basis as of March 1, and 5.7% one month ago as of February 8, the growth rate has since tumbled to just 2.9%, a 1.1% decline in the growth rate over the past week.
 
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Muni Massacre - Puerto Rico Bonds Plunge Near Record Lows

The last 5 days have seen the biggest crash in Puerto Rico muni bonds since June 2015 when the Governor declared debts "unpayable." As Bloomberg notes, investor speculation about the scale of the losses Puerto Rico will foist on bondholders caused the price of the island’s most active bond to continue to slide in the heaviest trading in nearly four months.
 
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