NY Fed Warns about Booming Subprime Mortgages, now Insured by the Government by Wolf Richter • Jun 21, 2016 • 62 Comments “Astronomical” default and loss rates.
US Freight Drops to Worst May since 2010 by Wolf Richter • Jun 20, 2016 • 26 Comments Goods economy sinks, drags down trucking & railroads.
Share-Buyback Announcements Plunge, Stocks Risk Getting Clocked by Wolf Richter • Jun 20, 2016 • 28 Comments Who’s going to replace that “relentless bid?”
What the Heck’s Going on in Global Stocks? by Wolf Richter • Jun 19, 2016 • 44 Comments The NIRP Rout.
Turns out, OPEC Isn’t Dead Yet by Wolf Richter • Jun 17, 2016 • 28 Comments In War for Market Share with US shale oil.
Age Discrimination on LinkedIn Hitting ever Younger Ages? by Wolf Richter • Jun 17, 2016 • 103 Comments Even early Millennials?! Um, the algos did it.
How the Government Hides Inflation, as Housing Costs Soar by Wolf Richter • Jun 16, 2016 • 54 Comments Renters Squeezed by the Fed’s “Wealth Effect”
OK, I Get it, the US is a Service Economy, but this Looks Terrible by Wolf Richter • Jun 15, 2016 • 57 Comments Recession Watch: huge brake shoe to drop on the economy.
Why this Economy Feels Even Crummier than the Data by Wolf Richter • Jun 15, 2016 • 55 Comments $271 billion in total business sales officially disappear: Census
NIRP Absurdity Sets Record, Euro Stocks Drown in Bear Market by Wolf Richter • Jun 14, 2016 • 32 Comments Glorious times for Draghi’s scheme.