The Chilling Thing Blackstone Said about the Oil Bust by Wolf Richter • Apr 19, 2015 • 2 Comments Energy companies “biding their time in the hopes they don’t have to face the music.”
How Wall Street Is Exporting Toxic Junk Loan Waste To Japan by Wolf Richter • Apr 17, 2015 • 13 Comments US junk goes in. Plump, yen-denominated, highly rated bonds come out.
Bankruptcies Suddenly Soar Across Corporate America, Worst First Quarter Since 2009 by Wolf Richter • Apr 16, 2015 • 20 Comments Statistical fluke? Hardly.
Fed’s Dudley Warns about Wave of Municipal Bankruptcies by Wolf Richter • Apr 14, 2015 • 17 Comments Risks “more widespread” than implied by bond ratings. Bondholders and public employees beware. The Fed is doing workshops on municipal bankruptcies now.
Magnificent Housing Bubble Unravels in Much of Canada by Wolf Richter • Apr 14, 2015 • 6 Comments But prices in Vancouver and Toronto to continue rising “over the next few months.”
Top Corporate Excuses for the Current Earnings Debacle, And What Gets Silenced to Death by Wolf Richter • Apr 13, 2015 • 7 Comments Corporate performance in Q1 sank into the mire because of the strong dollar?
Global Financial Markets Go Nuts by Wolf Richter • Apr 12, 2015 • 8 Comments The list that makes your head spin.
Moody’s Has a Cow, Slams GE’s Masterful Financial Engineering by Wolf Richter • Apr 11, 2015 • 6 Comments GE sees bubble, dumps assets – with impeccable market timing.
Here’s What’s Killing the American Dream by Wolf Richter • Apr 10, 2015 • 23 Comments And it’s dragging down the economy.
Keep Pushing Until Something Really BIG Breaks? by Wolf Richter • Apr 9, 2015 • 13 Comments Fed clueless how to unscramble omelet, fears “outsized market reaction.” Other central banks keep adding to omelet. Absurdity reigns.
