Subprime Auto-Loan Delinquencies Surge to NY Fed’s Attention by Wolf Richter • Nov 30, 2016 • 115 Comments Six million Americans are 90-plus days delinquent.
Crunch Time for “Zombie Bank… on Brink of Collapse” by Don Quijones • Nov 30, 2016 • 5 Comments Short-sellers have a field day with Spain’s “Most Italian Bank.”
Debt & Deficit Outlooks for France, Italy, Spain, & Portugal by Contributor • Nov 30, 2016 • 34 Comments Is “ugly” the right word?
OK, I get it: Companies Clamor for Cheap Labor, Fed Delivers by Wolf Richter • Nov 29, 2016 • 89 Comments In turn, households get a feel-good illusion.
Sudden, Infectious Enthusiasm for “Current Economic Conditions” after Trump Called them “Terrible” for Months? by Wolf Richter • Nov 29, 2016 • 102 Comments The “Trump Effect?”
Things Are Getting Serious in Mexico’s Corporate Debt Crisis by Don Quijones • Nov 28, 2016 • 16 Comments Fearing of “a large-scale crisis” in foreign currency debt.
What Happens “If the Boom Ends with a Bang?” by Wolf Richter • Nov 28, 2016 • 63 Comments OECD frets about Canada’s House Price Bubble and its consequences.
Black-Friday-Weekend Woes End “Trump Effect” by Wolf Richter • Nov 27, 2016 • 99 Comments Back to the Retail Quagmire. Gloom for brick-and-mortar stores.
China Inc. & Billionaires Dodge Capital Controls via Global Buyout Binge. Government Not Amused by Wolf Richter • Nov 27, 2016 • 64 Comments The fear of further yuan devaluation.
Hit by Global Turmoil, Banks in Spain Get Jittery (Again) by Don Quijones • Nov 26, 2016 • 12 Comments Big Trouble in Emerging Markets.