First Central Bank Exits Negative Interest Rates by Wolf Richter • Dec 19, 2019 • 84 Comments Today’s rate hike by the central bank of Sweden ends an absurdity. ECB and other central banks with negative rates are getting ready to follow.
Four Banks & Three Tech Companies Blow $56 Billion in Q3 to Prop up Their Own Shares by Wolf Richter • Dec 18, 2019 • 124 Comments The Biggest Share-Buyback Queens: When Will They Run Out of Juice?
Here’s What Gets Me about the Fed’s Warnings of “Excesses and Imbalances that Are Hard to Deal with Later” by Wolf Richter • Dec 17, 2019 • 175 Comments We got another one today, warning about all the right things. And then they do the opposite.
College Enrollment Skids for 8th Year in a Row in 2019, But Student Loans Skyrocket. What Gives? by Wolf Richter • Dec 16, 2019 • 225 Comments The stunning decline of men in the student headcount.
My “Pickup Truck Price Index” Crushes “CPI for New Vehicles” by Wolf Richter • Dec 15, 2019 • 203 Comments A total mind-blower. Actual prices skyrocket even as CPI for new vehicles has been flat for 22 years.
The State of the Canadian Debt Slaves, How They Compare to American Debt Slaves, and the Bank of Canada’s Response by Wolf Richter • Dec 13, 2019 • 160 Comments “The high household debt load is the most important risk facing the financial system.”
This is How the Biggest Sector of the US Economy Is Doing by Wolf Richter • Dec 12, 2019 • 133 Comments Financialization of everything, Insurance Rules, Tech & Software Red-Hot, Health Care Eats into Everything. We can just sue each other to boost GDP.
Is the Corporate-Debt Bubble Ripe Yet? by Wolf Richter • Dec 12, 2019 • 84 Comments What does it mean when the Fed and other central banks jointly bemoan the effects of their own policies? Worried about not being able to keep all the plates spinning?
Brick & Mortar Meltdown Manhattan Style: Lenders Foreclose on Times Square Tower whose Six Retail Floors are 90% Vacant by Wolf Richter • Dec 11, 2019 • 112 Comments Wow, that was fast: In default is a $650 million portion of a $2 billion loan package, signed in 2018.
The Chilling Thing Subprime Retailer Conn’s Said About the Sudden Deterioration in New Accounts by Wolf Richter • Dec 11, 2019 • 84 Comments Rising first-payment defaults and 60-day delinquencies, which are “leading indicators,” caused the retailer to become “prudent.” Shares plunged 33%.