In December 2016, 4.5% more individual bankruptcies were filed than in December 2015. It's the first time in 7 years that personal bankruptcies have risen in successive months on a year over year basis.

Also notable, in 2016 the number of U.S. Corporate bankruptcies jumped by 26% over 2015. U.S. Corporations have issued $9.5 trillion in bonds. That's 61% more than they borrowed in the eight years leading up to the 2008 de facto financial system collapse (aka "the great financial crisis").

The Financial Times reported that over 1 million U.S. consumers – prime and subprime – were behind on their car loans and that the overall delinquency rate had reached its highest level since 2009. The FT also stated that "lending to consumers with weak credit scores has been one of the fastest growing parts of the [banking] industry." It's starting to smell like early 2008 out there.

This is information and data that you will not hear on any of the "Bubblevision" financial "news" programs or read in the mainstream financial media. It's also information that is not being factored at all by stock prices.