Subprime “Alt”-Mortgages from Nonbanks, Run by former Countrywide Execs, Backed by PE Firms Are Hot Again by Wolf Richter • Dec 1, 2015 • 46 Comments Housing Bubble 2 comes full circle. But this time, it’s even bigger.
There Better Be a Miracle for Retailers by Wolf Richter • Nov 30, 2015 • 46 Comments They tried to spin it in the most favorable light, and even then it was ugly.
Consumers Lose Grapple with Reality, “Decline in Economic Aspirations” Sets in by Wolf Richter • Nov 27, 2015 • 33 Comments People can easily “adapt to the worst conditions….”
M&A Spikes to Craziest Frenzy Ever, even as Bottom Falls out of Riskiest End by Wolf Richter • Nov 25, 2015 • 17 Comments CEOs, Wall Street are furiously making hay while the storm moves in.
Why the Price of Oil is Doomed for Longer than Expected by Wolf Richter • Nov 23, 2015 • 26 Comments OPEC’s Battle and Cheap Money.
This Will Bust San Francisco’s Insane Home Price Bubble by Wolf Richter • Nov 22, 2015 • 24 Comments One of its “Biggest New-Housing Construction Booms in History”
Capital Destruction Rages Beneath S&P 500 Tranquility by Wolf Richter • Nov 20, 2015 • 7 Comments Chesapeake’s Bonds & Shares Collapse amid Junk-Bond Market Rout.
Stunning Blow to EU Scaremongers over Brexit by Wolf Richter • Nov 19, 2015 • 17 Comments French investment bank Natixis sides with rebellious islanders.
Financially Engineered Stocks Drag Down S&P 500 by Wolf Richter • Nov 18, 2015 • 18 Comments Magic trick turns into toxic mix.
The Chilling Thing Caterpillar’s President Said about China by Wolf Richter • Nov 17, 2015 • 31 Comments Those good years won’t come back.