Carmageddon for Cars: “Cars” Are Scheduled to Die by Wolf Richter • Apr 25, 2018 • 145 Comments The end of an era in the US Auto industry — until $7 gas arrives.
What Will these Mortgage Rates Do to Housing Bubble 2? by Wolf Richter • Apr 25, 2018 • 129 Comments 4.73% now. 5% in a few weeks. Then 6%.
Peak-Bubble for Junk Bonds, Says WeWork Bond Sale by Wolf Richter • Apr 24, 2018 • 51 Comments When is it gonna pop?
UK Bank’s Tech Chaos Blocks Customers from Their Funds: Day 5 by Don Quijones • Apr 24, 2018 • 30 Comments But Spanish parent, Banco Sabadell, proclaimed triumphantly to its Spanish audience that the botched IT transition was a resounding success.
Update on the Most Splendid Housing Bubbles in the US by Wolf Richter • Apr 24, 2018 • 73 Comments Everything spikes.
Junk-rated Netflix Borrows $1.9 Bn, Most Ever, in “Drive-By” Bond Issue, to Burn $3-$4 Bn in 2018, Debt Soars to $8.4 billion by Wolf Richter • Apr 23, 2018 • 63 Comments Wow, that was fast and huge. This junk-bond market is in peak-bubble mode.
An Orderly Unwind of Stock Market Leverage? by Wolf Richter • Apr 23, 2018 • 52 Comments That would be a first, but it might be happening. Everything in slow motion, even market declines?
What’s Going On in the Treasury Market? by Wolf Richter • Apr 22, 2018 • 41 Comments The Fed’s new paradigm.
This is How First-Time Buyers Get Squeezed by Rampant Home Price Inflation by Wolf Richter • Apr 22, 2018 • 132 Comments Millennials can go to the Fed and complain.
Business Elite, Banks Panic after Presidential Front-Runner Threatens to Scupper Mexico’s Largest Infrastructure Project by Don Quijones • Apr 21, 2018 • 43 Comments A project of “mind-watering” magnitude in money and corruption.