Even the Fed put commercial real estate on its financial-stability worry list.
Carmageddon: Discussions with the UAW have started. Entire plants at risk.
More than just a few “fallen angels.”
Are these Conglomerates the Black Swan in China?
Oh the irony: EU capitals are trying to attract the very institutions that caused some of the worst financial scandals of the last ten years.
Investors who bought the hype are left holding the bag.
Trying to manage a structural decline in a terrible industry.
Behind the hype, shale drillers have entered a vicious circle,
Worst PE-fund collapse ever. The oil bust just keeps on giving.
What will Draghi do?
Tesla will lose federal subsidies; so something big needs to be done.
As if they’re trying to force the Fed to change course.
But the IMF has suggestions on how to win the War on Cash.
Six quarters in a row of year-over-year declines.
The Fed and the ECB believe they can tighten and taper without killing the market so long as they jawbone this constantly.
Houston is recovering from the oil bust. Didn’t consumers get the memo?
Forget “legal tender.”
“You could sell ten flats in a day” to Chinese on real estate excursions.
“We act like we know exactly how it’s going to happen, and we don’t.”
A “collapse” is when the price plunges 50% or more in days.
When the ocean of hype turns toxic.
And this might become a problem for the Fed.
It will be ignored until it’s too late.
Here’s how commodities fared in the first half (lean hogs up 43%?)
Tougher for workers, rougher for the economy.
Markets are still complacent.
Bankruptcies surge as the “credit cycle” exacts its pound of flesh.
But now the first feeble reactions as stocks and bonds fall.
The private-equity protocol of asset stripping bears fruit.