The State of the American Debt Slaves, Q3 2019 by Wolf Richter • Nov 8, 2019 • 201 Comments Paying the University-Corporate-Financial Complex and the big bifurcation.
Fed Goes Nuts with Repos & T-Bills but Sheds Mortgage Backed Securities by Wolf Richter • Nov 7, 2019 • 135 Comments The fastest increase in assets for any two-month period since the post-Lehman freak show in late 2008 and early 2009.
What’s Going on in the Used Cars & Trucks v. Carmageddon? by Wolf Richter • Nov 7, 2019 • 59 Comments Sales are declining again, after having risen for years. Wholesale prices slip year-over-year for first time in 33 months. But “cars” still dominate “trucks.”
Where You Pay the Mostest and Get Approved the Leastest, so to Speak: Mortgage Rates, Fees & Denial Rates Differ Bigly by State by Wolf Richter • Nov 6, 2019 • 60 Comments It’s not always in the states with the highest home prices.
What’s Behind the Fed’s Bailout of the Repo Market? by Wolf Richter • Nov 6, 2019 • 60 Comments Whose Bets are Getting Bailed Out by the Fed’s Repos & T-Bill Purchases?
Yield Curve Un-Inverts, 10-Year Yield Spikes, Middle-Age Sag Disappears by Wolf Richter • Nov 5, 2019 • 103 Comments It happened. Hallelujah. Or maybe better: Watch Out! Yield Curve Spaghetti.
What Heavy Trucks Are Saying by Wolf Richter • Nov 5, 2019 • 30 Comments “I do believe that in North America it is a cyclical downturn”: Cummins COO.
Leveraged-Loan Downgrades Spike, Collateralized Loan Obligations Get Cold Feet, Selloff in B-Rated Loans Ensues by Wolf Richter • Nov 4, 2019 • 61 Comments “Sell first, ask questions later.”
Uber Loses Another $1.2 billion, Stock Dives Again by Wolf Richter • Nov 4, 2019 • 82 Comments Burning cash is easy; It’s quite flammable and just goes up in smoke.
THE WOLF STREET REPORT: What’s Behind the Fed’s Bailout of the Repo Market? by Wolf Richter • Nov 3, 2019 • 104 Comments Whose Bets are Getting Bailed Out by the Fed’s Repos & Treasury Bill Purchases?