How Much Are Banks Exposed to Subprime? More than we Think by Wolf Richter • Apr 11, 2018 • 49 Comments Wells Fargo has $81 billion in exposure to loans that, on paper, it isn’t exposed to.
The “Everything Bubble” & “Bubble Mentality,” Risks & Leverage, the Fed’s Response, Tesla, Netflix, LIBOR, and How it Might End by Wolf Richter • Apr 10, 2018 • 40 Comments Wolf Richter with Chris Martenson on Peak Prosperity’s Featured Voices.
Defaults of Retailers Hit “All-Time High” in Q1: Moody’s by Wolf Richter • Apr 10, 2018 • 29 Comments Brick-and-Mortar Meltdown sets record. And Q2 starts out on the right foot.
Retail Investor Bullishness Bites Dust after Huge Trump Spike by Wolf Richter • Apr 9, 2018 • 27 Comments A 39% plunge in three months. But it was spectacular while it lasted.
Chap. 11 Bankruptcies Spike 63% from Year Ago by Wolf Richter • Apr 9, 2018 • 30 Comments Highest level since April 2011. Not just the Brick & Mortar Meltdown anymore.
Subprime Carmageddon: Specialized Lenders Begin to Collapse by Wolf Richter • Apr 8, 2018 • 76 Comments Worst delinquency rates this century.
Mix of Morons, True Believers & Spaghetti-Code Algos Tripled the Price of my Stock-Scam Hero in 3 Days before Getting Gored by the SEC by Wolf Richter • Apr 7, 2018 • 50 Comments $2 billion just went POOF, from one second to the next.
But How Does Amazon Fit into the Jobs Report? by Wolf Richter • Apr 6, 2018 • 27 Comments Which sectors created 2.2 million jobs in 12 months? Brick & mortar melts down. Governments shed jobs too, even information tech.
The Jobs Report, Sliced and Diced by Wolf Richter • Apr 6, 2018 • 72 Comments I’m looking at what’s behind the numbers.
Fed’s QE-Unwind Proceeds Despite Stock Market Sell-Offs by Wolf Richter • Apr 5, 2018 • 63 Comments Didn’t miss a beat.