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might be right about the cockroaches.The JPMorgan boss recently warned markets that trouble could be brewing in the credit market. His reasoning? There's always more than one cockroach if you see one, he said.Dimon was commenting on the recent high-profile failures of auto parts company First Brands and subprime auto lender Tricolor Holdings. But there are signs the infestation Dimon hinted at is already more widespread, according to Rosenberg Research."Jamie Dimon looks increasingly correct — there is always more than one 'cockroach' as signs of credit stress build across households and the corporate sector," the firm said this week, pointing to the top signs of credit distress it was monitoring.Here are the warning signs that credit cockroaches could be lurking:More loans are transitioning into late-payment status.The balance of loans that are newly delinquent, or where borrowers are at least 30 days late on payments, rose to 5.3% in the third quarter. That's the highest rate of new delinquencies since 2014, according to data from the New York Fed.Here's the breakdown by loan type for the third quarter:Auto loans: 7.7% in early delinquencyCredit card loans: 8.8% in early delinquencyStudent loans: 14.4% in early delinquencyMortgages: 3.6% in early delinquencyMore consumers are also falling into what's known as "serious" delinquency, where loan payments are 90 days or more late.The percentage of loans that transitioned into serious delinquency rose to 3% the last quarter, also the highest rate in more than a decade.Here's the breakdown by loan type for the last quarter:Auto loans: 5.0% in serious delinquencyCredit card loans: 12.4% in serious delinquencyStudent loans: 9.3% in serious delinquencyMortgages: 0.8% in serious delinquency"Simply put, the consumer is stressed. More and more households are having to siphon funds towards servicing their debts and away from discretionary spending as borrowing costs remain elevated," the firm wrote.Bloomberg Intelligence, Bloomberg, Rosenberg ResearchCorporations are also under more pressure. The percentage of corporate loans considered to be distressed spiked in 2022 and has remained elevated ever since, Rosenberg said, citing data from Bloomberg Intelligence.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,782.75 +27.50 (+0.41%)Dow Futures47,259.00 +30.00 (+0.06%)Nasdaq Futures25,256.75 +162.75 (+0.65%)Russell 2000 Futures2,400.80 +4.80 (+0.20%)VIX19.83 -0.17 (-0.85%)Gold4,059.60 -34.60 (-0.85%)PortfolioSign in to access your portfolioSign inTop gainersCDTX Cidara Therapeutics, Inc. 217.71 +111.72 (+105.41%)SRRK Scholar Rock Holding Corporation 37.41 +7.34 (+24.41%)AVDL Avadel Pharmaceuticals plc 23.56 +4.32 (+22.45%)LGN Legence Corp. 40.27 +6.95 (+20.86%)CSIQ Canadian Solar Inc. 33.58 +4.96 (+17.33%)Top losersDGNX Diginex Limited 10.53 -2.97 (-22.00%)STUB StubHub Holdings, Inc. 14.87 -3.95 (-20.99%)HTFL Heartflow, Inc. 27.98 -2.96 (-9.57%)EOSE Eos Energy Enterprises, Inc. 13.80 -1.40 (-9.24%)CLSK CleanSpark, Inc. 10.96 -1.02 (-8.51%)Most activeNVDA NVIDIA Corporation 190.17 +3.31 (+1.77%)ONDS Ondas Holdings Inc. 7.18 +0.62 (+9.45%)OPEN Opendoor Technologies Inc. 8.12 -0.44 (-5.14%)TSLA Tesla, Inc. 404.35 +2.36 (+0.59%)PFE Pfizer Inc. 25.06 -0.73 (-2.83%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 95,061.10 -758.82 (-0.79%)GOOG Alphabet Inc. 276.98 -2.14 (-0.77%)GOOGL Alphabet Inc. 276.41 -2.16 (-0.78%)ETH-USD Ethereum USD 3,187.77 -11.34 (-0.35%)GNS Genius Group Limited 0.8629 +0.0239 (+2.85%)Top economic events