What Jamie Dimon Said about Long-Term Inflation, Fed Interest Rates (“2% to 8% or even more”), and QE/QT (it’s Risky) by Wolf Richter • Apr 8, 2024 • 150 Comments “Rates have been extremely low for a long time — it’s hard to know how many investors and companies are truly prepared for a higher rate environment.”
Resurging Corporate Profits Show Inflationary Pressures Are Reheating after Lull: Corporate Profits by Major Industry by Wolf Richter • Mar 28, 2024 • 133 Comments But banks are having profit problems.
Intel to Get $23 Billion in Government Grants & Loans Plus $25 Billion Investment Tax Credits, to Invest $100 Billion in the US, after Wasting $94 Billion on Share Buybacks in 15 Years by Wolf Richter • Mar 20, 2024 • 91 Comments Sure, good industrial and security policy to put semiconductor production on US soil. But these massive government handouts to the richest companies?
Brick-and-Mortar Meltdown Fells another Retailer: Joann Inc. Files for Bankruptcy 3 Years after IPO by Wolf Richter • Mar 18, 2024 • 96 Comments The IPO allowed the PE firm that had acquired Joann via an LBO in 2010 to dump the shares into the lap of the public.
Short-Term Treasury Market Walks Away from Rate-Cut Mania, Inflation Has Upper Hand by Wolf Richter • Mar 15, 2024 • 231 Comments One-year yield rose to 5.05% today, highest since December 12.
The Banks: “Unrealized Losses” in Q4, Securities Held by Banks, Bank Failures, and the Dropping Bank Count by Wolf Richter • Mar 10, 2024 • 129 Comments In 2024, some banks will fail. In 2023, five banks failed. In 1989, over 500 banks failed. Since 1936, there were only 5 years without bank failures.
More SPAC Humor: Astra Space Gets Bought by its Founders & Executives after Investors Got Almost Totally Wiped Out by Wolf Richter • Mar 7, 2024 • 73 Comments From $5.4 billion to $11 million in three years. To the moon, dude!
Nvidia, the WTF Chart of the Year. Tesla also Had WTF Charts of the Year before Shares Plunged by Wolf Richter • Feb 24, 2024 • 218 Comments Because these share prices are a state of mind. And when that state of mind changes – see Tesla.
We Have a Boom in Reverse Stock Splits to Keep the Ballooning Imploded Stocks Listed a While Longer: This Stuff is Just Funny by Wolf Richter • Feb 23, 2024 • 60 Comments Meanwhile, massive trading in hundreds of imploded stocks that still haven’t been delisted inflates overall market trading volume.
Even Banks in Asia-Pacific (APAC) on the Hook for US Office CRE: Fitch by Wolf Richter • Feb 12, 2024 • 64 Comments That’s what “spread far and wide” means. During the US CRE bubble, yield-chasers not just in the US but globally gorged on invincible US CRE.
