A stock or bond market tantrum might stop the Fed in its tracks. But the opposite is happening.
The ingenious strategy of cost-cutting and store-closing your way out of trouble: Pretty soon, it leads to zero.
The signs and numbers are already lining up.
This is how.
Santander, top subprime auto lender, verified income on only 8% of loans: Moody’s
Up 7,000% in two months, then it crashes.
After surging for years, quant hedge funds – where trading is done by machines, not humans – now dominate stock trading.
Why do they risk so much for little?
It’s always associated with a recession: last time, the Financial Crisis.