Wolf Richter

Federal Regulator Details Crazy Risk-Taking By Banks, Blames Fed

by Wolf Richter •  • Comments Off on Federal Regulator Details Crazy Risk-Taking By Banks, Blames Fed

Banks are again taking the same risks that triggered the financial crisis, and they’re understating these risks. It wasn’t an edgy blogger that issued this warning but the Office of the Comptroller of the Currency. And it blamed the Fed’s monetary policy.

Investment Bank: The End Of US Economic Growth

by Wolf Richter •  • Comments Off on Investment Bank: The End Of US Economic Growth

“We fear that, once the effects of monetary stimulus disappear in the US, the weakness of the economy due to income inequalities may suddenly be revealed.”

TESTOSTERONE PIT (My Soul) Gets A New Name

by Wolf Richter •  • 19 Comments

No, I didn’t sell out, though I had an offer. Don’t worry, I won’t go mainstream. Or go soft on Wall Street. I won’t water down my sarcasm, either. But there are big changes coming.

Last Time Corporate America Did This, The Stock Market Crashed

by Wolf Richter •  • Comments Off on Last Time Corporate America Did This, The Stock Market Crashed

So what happens when these huge and reckless buyers with their nearly endless resources start cutting back after a phenomenal peak? Well, we know what happened in 2008.

It’s Official: Despite Media Hype, Eurozone STILL in Recession

by Wolf Richter •  • Comments Off on It’s Official: Despite Media Hype, Eurozone STILL in Recession

Politicians and Eurocrats have already taken credit for the recovery, and a whirlwind of backslapping has ensued – prematurely, it turns out.

Housing Hit the Wall of Wall Street in May

by Wolf Richter •  • Comments Off on Housing Hit the Wall of Wall Street in May

It always starts with a toxic mix: Home sales plunged and inventories jumped in May. The housing market is buckling under its own inflated weight.

This Debt Is Explosive, And it Sits on the Shelf Everywhere, Waiting to go off

by Wolf Richter •  • Comments Off on This Debt Is Explosive, And it Sits on the Shelf Everywhere, Waiting to go off

I was interviewed by Jorge Nascimento Rodrigues for “Janela na web” (a Portuguese site) and the printed edition of Expresso. After what I said, he might never interview me again :-]