Interest rates don’t have to be negative to make a mess in the era of “Secular Stagnation.”
Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
Exodus from funds with illiquid assets forces funds to block redemptions.
Last time was during the Financial Crisis. Now it’s happening in a kinder and gentler way, but there is no crisis.
Fifth deal croaked in August. Moody’s has a cow over Ancestry.com’s deal. Deals had to be sweetened to find buyers. Retail investors bail out.
Fed Warns about “Elevated” Asset Prices and High Business Leverage.
Now they’re clamoring for this NIRP absurdity in the US. How will this end?
Vancouver sags. Calgary, Edmonton down from many years ago. Toronto rises but below 2017 peak. Montreal, Ottawa hit new highs.
The segments at the core of the Brick-and-Mortar Meltdown.
HSBC’s pleas of innocence have won little sympathy in Beijing.
Now they’re clamoring for the NIRP absurdity in the US. How will this end?
Nope, the Fed dumped. But there was huge demand elsewhere.
For Trucking and Railroads, it’s Hangover Time.
Navistar confirms next phase in Transportation Recession.
House prices dropped again – and ironically the most in San Francisco and Silicon Valley.
Peso collapse and inflation force Spanish companies and banks — second largest investors in Argentina, behind US companies — to tally their losses.
All in next-gen corporate speak to give you the warm & fuzzies. Meanwhile, Uber hits new low, down 24% from IPO price.
Cash-out refi hype is back full-blast. And for the first time since early 2006, people are doing it in large numbers.
But these are the good times. Automakers are not amused.
Here is where inflation runs hot – and it’s not imported consumer goods.
They had it coming.
Here we go again: Cash-out refi hype is back full-blast, and for the first time since early 2006, people are doing it in large numbers
Today’s scenario is very unlike the plunge during the Financial Crisis, which blew over in no time.
Store liquidations in 2019 have blown past the full-year total of 2018. The phenomenon is proceeding with relentless momentum.
This “crack cocaine for CFOs” was also extensively used by Carillion until it collapsed.
And rideshare revenue is stagnating.
Suddenly – I mean the signs had been everywhere for a long time and “suddenly” doesn’t really apply – the whole house of cards came tumbling down.
The bifurcation among consumers.
The bottom lines in a very competitive business are threatened.
12 countries with negative 10-year yields. A race to hell.