Atlanta Fed’s 1st-Quarter GDPNow Forecast Plunges by Wolf Richter • Mar 28, 2016 • 23 Comments Kisses the Rosy Scenario goodbye.
“Spike in Defaults”: Standard & Poor’s Gets Gloomy, Blames Fed by Wolf Richter • Mar 27, 2016 • 31 Comments “Hangover from years of lenient credit may become painful.”
World Trade Collapses in Dollars, Languishes in Volume by Wolf Richter • Mar 25, 2016 • 35 Comments This wasn’t part of the rosy scenario.
The Big Unwind Hits Investment Banking by Wolf Richter • Mar 24, 2016 • 15 Comments Everyone but China.
Desperate Chinese Investors Flood US, Canadian Housing Markets, But Real Numbers Are Taboo by Wolf Richter • Mar 24, 2016 • 56 Comments In Vancouver, 33% of sales are to Chinese investors (National Bank)
Bank Earnings Get Mauled by “Leveraged Loan” Time Bomb by Wolf Richter • Mar 23, 2016 • 17 Comments Distress ratio spikes to Financial Crisis level.
It Starts: San Francisco Office Boom Deflates, but Fitch Says It’s “Unlikely to Collapse” this Time by Wolf Richter • Mar 22, 2016 • 27 Comments Other tech-heavy office markets too.
Share Buybacks Turn Toxic by Wolf Richter • Mar 21, 2016 • 46 Comments Something broke in the gears of financial engineering!
Why the “Stubborn Persistence of Optimism” by Stock Analysts? by Wolf Richter • Mar 20, 2016 • 33 Comments “What do you think investors on Wall Street most underappreciate about Valeant?” – Morgan Stanley analyst to CFO on eve of implosion.
China Hard Landing Hits Electricity Consumption by Wolf Richter • Mar 19, 2016 • 36 Comments Chairman of a large power company slips, apparently.