Credit scores drop at fastest pace since the Great Recession

Rising defaults on car loans, increasing term lengths for car loans, people living off credit cards, increasing unemployment, reduced job availability, divisive politics, unstable foreign relations, out of control spending/debt, … and yet a stock market that is at record highs. I also wonder why gold and crypto are doing so well at the same time. Everything is high but it seems like a bad situation. And yet, people will get laughed at for predicting a recession or some other event, because it’s hard to predict the timing. Still, I feel like something has to give.