Auto-Loan Subprime Blows Up Lehman-Moment-Like by Wolf Richter • Nov 14, 2017 • 83 Comments But there is no Financial Crisis. These are the boom times.
What the Heck’s Going on With Used Cars and Trucks? by Wolf Richter • Nov 14, 2017 • 36 Comments About 40 million will be sold this year in the US, and prices are rising.
P2P Loans are “Predatory,” Have Delinquency Characteristics of pre-2007 Subprime Mortgages, Could Impact Financial Stability: Cleveland Fed by Wolf Richter • Nov 13, 2017 • 51 Comments Debt slaves get deeper into high-cost debts they can’t handle.
US to Import Inflation from Japan, China, South Korea by Wolf Richter • Nov 12, 2017 • 57 Comments Even from Japan! Its export producer prices are jumping.
“Bitcoin Cash” Quadruples in 2 Days. Bitcoin Crashes by $35 Bn by Wolf Richter • Nov 12, 2017 • 77 Comments Peak Crypto Craziness?
Financial Markets Are Still Blowing Off the Fed by Wolf Richter • Nov 10, 2017 • 54 Comments But after the last two times they blew it off, there was a “financial event.”
Equifax Discloses its Coming Nightmares by Wolf Richter • Nov 10, 2017 • 44 Comments “It is not possible to estimate the amount of loss or range of possible loss.”
Next Phase of Carmageddon: the Banks by Wolf Richter • Nov 9, 2017 • 71 Comments Banks have started to tighten lending standards for prime and subprime borrowers, and it shows.
The Cities in Silicon Valley with the Biggest Housing Bubbles by Wolf Richter • Nov 8, 2017 • 57 Comments How much home prices have surged past the prior bubble! But household incomes got left behind, even in Silicon Valley.
How Snap Just Gave a Middle Finger to its Voteless Shareholders by Wolf Richter • Nov 8, 2017 • 34 Comments They don’t need to know, Snap says. Tencent rues the day it bought a 12% stake.
