Is PetSmart Next? by Wolf Richter • May 25, 2018 • 4 Comments The PE-firm-owned brick-and-mortar retailer has $8 billion in debt. Bondholders are grappling with their fate.
US Gasoline Exports Surge, as Price Hits $3 for Memorial Day, $3.69 in California by Wolf Richter • May 25, 2018 • 33 Comments Business is business.
Riskiest Junk Bonds Still Blissful in La-La Land, High-Grade Bonds Bleed. Apple’s Fault? by Wolf Richter • May 24, 2018 • 23 Comments The Fed will keep tightening until these junk bonds buckle.
Oops, It’s Starting, Says This Chart from the FDIC by Wolf Richter • May 23, 2018 • 85 Comments And its eerie exhortations to the banks to prepare for a downturn to avoid “undue disruption to the financial system.”
What Will Surging Mortgage Rates Do to Housing Bubble 2? by Wolf Richter • May 23, 2018 • 92 Comments The impact on home buyers, and the market, in dollars and cents.
Where the Debt Slaves Are the Most Vulnerable by Wolf Richter • May 22, 2018 • 103 Comments I’m shedding a different light on consumer debt.
Freight Costs, Volume, Demand All Surge across Trucking & Rail, Inflation Fears Heat Up by Wolf Richter • May 21, 2018 • 87 Comments The Transportation Boom after the Transportation Recession.
Hilarity in NIRP Zone: Italian 2-Year Yield Still Near 0%, as New Government Proposes Haircut for Creditors and Alternate Currency, Markets on “Knife Edge” by Wolf Richter • May 21, 2018 • 93 Comments ECB’s Negative Interest Rate Policy has been the funniest monetary joke ever.
Graphic Details of the Crazy Housing Bubble in San Francisco, According to Zillow by Wolf Richter • May 20, 2018 • 130 Comments Plenty of homes for sale, at ludicrous prices for what you get. But asking prices are now getting “reduced.”
Credit Card Delinquencies Spike Past Financial-Crisis Peak at the 4,788 Smaller US Banks by Wolf Richter • May 18, 2018 • 84 Comments Subprime is calling.
