Even “Second-Time Buyers” can’t afford to buy without help from mom & dad.
Amazon reports loss, stock jumps15%, market cap jumps $25 billion. Party on.
Junk bonds in “extreme overvaluation,” covenant quality drops to record low, old money getting whacked as new money pours in.
You’ll be surprised!
An ominous connect-the-dots warning hidden in the avalanche of stock buybacks.
They love their euros.
Money, Oil, Minerals & Shady Deals.
There’s mounting evidence oil might rebound. But what if the bust isn’t over yet?
And he offers an insanely good chart of the Hot Money.
Central banks have succeeded in generating a planet-wide mania.
$1.5 trillion, but… “We don’t know where all the money is going” (brief bone-chilling video with cool footage of the thing flying, landing vertically, etc.).
“Rates in many Asia export trades are in a tailspin.” And here’s why.
Follow the money!
Energy companies “biding their time in the hopes they don’t have to face the music.”
I can’t even begin to think of all the unintended consequences this will bring about.
There is an existential crisis on Wall Street, especially in equities.
For Spain’s government, the timing could not be worse.
What the Fed is going on?! Gains evaporate back into thin air from where they came.
US junk goes in. Plump, yen-denominated, highly rated bonds come out.
A Lobbyist’s Paradise.
Statistical fluke? Hardly.
But miracles are rare these days.
Kremlin looks to Middle East and China.
Risks “more widespread” than implied by bond ratings. Bondholders and public employees beware. The Fed is doing workshops on municipal bankruptcies now.
But prices in Vancouver and Toronto to continue rising “over the next few months.”
Just when the resource boom has collapsed. And manufacturing too. But at least the housing bubble is still going strong.
Corporate performance in Q1 sank into the mire because of the strong dollar?
The list that makes your head spin.
GE sees bubble, dumps assets – with impeccable market timing.
And it’s dragging down the economy.