Here’s What I’m Worried About. And It’s Not a Recession by Wolf Richter • Sep 4, 2019 • 127 Comments A rout in the hyper-inflated bond market can blow up everything at this point.
Negative Yields Not Required: Even “Low” Interest Rates Screw Up the Economy by Wolf Richter • Aug 29, 2019 • 103 Comments How to make a mess in the era of low demand.
THE WOLF STREET REPORT: How Even “Low” Interest Rates Screw Up the Economy by Wolf Richter • Aug 25, 2019 • 110 Comments Interest rates don’t have to be negative to make a mess in the era of “Secular Stagnation.”
How Negative Interest Rates Screw Up the Economy by Wolf Richter • Aug 21, 2019 • 191 Comments Now they’re clamoring for this NIRP absurdity in the US. How will this end?
THE WOLF STREET REPORT: How Negative Interest Rates Screw Up the Economy by Wolf Richter • Aug 18, 2019 • 149 Comments Now they’re clamoring for the NIRP absurdity in the US. How will this end?
Financial World Gone Nuts: $15 Trillion Negative Yielding Debt by Wolf Richter • Aug 6, 2019 • 170 Comments 12 countries with negative 10-year yields. A race to hell.
Investor Sentiment Goes to Heck After Draghi’s Easing Promise by Nick Corbishley • Aug 6, 2019 • 27 Comments Bitter irony: As Draghi’s term is about to end, investor expectations plunge to where they’d been when he made his “whatever it takes” speech in 2012.
The Giant Sucking Sound of Financial Repression by Wolf Richter • Jul 31, 2019 • 104 Comments In the US alone, it impacts nearly $40 trillion — with consequences for the real economy.
Who Holds the $3.2 Trillion in “Leveraged Loans” and CLOs? by Wolf Richter • Jul 22, 2019 • 90 Comments Murk everywhere. There isn’t even an agreement what “leveraged loans” are. No, banks are not off the hook. That was wrong too. They hold 57% of these instruments, the Bank of England found.
Not Helpful for Crushed European Bank Stocks: Stress Test a Sham, European Court of Auditors Warns by Nick Corbishley • Jul 15, 2019 • 27 Comments Just when European banks need to inspire confidence more than ever.
