I don’t remember ever having seen crazier times of more pandemic proportions.
But the yield spread collapses to lowest since early in the Financial Crisis. Even the Fed is worried.
Independence would be “horrific” and amount to “financial suicide,” said Spain’s Economy Minister. But financial suicide for whom?
Curious things are happening on its balance sheet.
Pricing of risk kicks the bucket in record central-bank absurdity.
Scaring off sorely needed investments in fuel distribution systems.
Layoffs and cost cuts have commenced.
But the ballooning National Debt has disappeared from the agenda.
Why is Tim Sloan still CEO, asks California Treasurer as “systemic corruption and venal abuse of customers” have become “part of Wells Fargo’s brand.”
The Fed leads, other central banks follow.
4th director to quit in 10 months. Bankruptcy prospects heat up.
Here are the numbers. Peak chase-for-yield by institutional investors?
The Pentagon?! But no one’s worried when stocks get manipulated higher.
Fractured communities, splintered families, broken friendships.
Second major scandal involving a steel supplier of reactor components.
Many of these banks are implicated in the biggest financial crimes.
No, our American consumers didn’t suddenly perform a miracle.
What’s Boiling Beneath the Surging Inflation?
Why is anyone still buying retailers from private equity firms?
Hounded by overcapacity. But other automakers do just fine with cars.
USD-denominated debt outside the US hits record – even junk bonds.
Hopes that Catalonia’s woes could be contained are fading.
Liquidate, close all stores, lay off 12,000 people. Brick & mortar meltdown.
What else has Equifax not disclosed yet?
But for many retailers it’s too late.
Betting against the dollar remains a favorite sport.
Insider view on how to deal with the Housing Crisis in California.
Oh the irony!
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