Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England by Don Quijones • May 8, 2019 • 18 Comments Chinese corporate defaults this year through April are 3.4 times the amount last year.
Vancouver Housing Bust Steepens, Bank of Canada Welcomes “Froth” Coming Off by Wolf Richter • May 6, 2019 • 46 Comments “It is their interaction with froth that matters most. How much a housing market adjusts depends on how much froth there is”: Poloz
Who Bought the Huge $1.26 Trillion of New US Government Debt over the Past 12 Months? by Wolf Richter • Apr 15, 2019 • 66 Comments There was strong appetite. Only the Fed shed them. Here’s who bought.
Update on the Spreading Housing Bust in Australia, and Why it’s Happening by Wolf Richter • Apr 2, 2019 • 48 Comments This bubble was not pricked by the central bank — on the contrary.
US Dollar Status as Global Reserve Currency Edges Down Further by Wolf Richter • Apr 1, 2019 • 83 Comments Is the euro dead yet? And how is the Chinese Renminbi doing?
Risks of Financial Instability “Appear to Be Elevated But Contained”: Australia’s Central Bank on Housing Bust by Wolf Richter • Mar 20, 2019 • 44 Comments Crackdown on lending shenanigans and bank misconduct plus an onslaught of new condos at worst possible time worry the RBA.
US Dollar Hits 52-Week High in Cleanest-Dirty-Shirt-Syndrome on New ECB Stimulus, as Old ECB Stimulus Fails to Stimulate by Wolf Richter • Mar 7, 2019 • 46 Comments The real worry is the economy in the Eurozone.
Consequences of “Leaving Interest Rates Very Low for a Long Time”: Bank of Canada Governor Poloz by Steve Saretsky • Feb 25, 2019 • 40 Comments A litany of problems, from too much debt to deflating housing bubbles in Vancouver and Toronto.
Oops: Low Interest Rates a “Factor” in Slowdown of Economic & Productivity Growth: NBER by Wolf Richter • Feb 5, 2019 • 83 Comments Powell, Draghi, Kuroda, et al.: Did ya see this NBER study?
QE Party Goes Dry, Bank of Japan Tries to Confuse the Markets by Wolf Richter • Feb 4, 2019 • 65 Comments During the selloff in Dec., the BOJ shed $31 billion. But in Jan., it piled on.
