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.
“Financial Stress” in the Credit Markets v. the 2-Year Yield by Wolf Richter • Apr 20, 2018 • 44 Comments The two-year yield, now surging, is a leading indicator.
Did the Bankruptcy of Detroit & Stockton Hurt their Economy? by Bill Bergman • Apr 20, 2018 • 19 Comments Compared to Chicago, which is traipsing that way.