Why Core Inflation is Rising & What it Means for Fed Rate Hikes by Wolf Richter • Nov 15, 2017 • 28 Comments Yellen was right to brush off “transitory” factors of “low” inflation.
Auto-Loan Subprime Blows Up Lehman-Moment-Like by Wolf Richter • Nov 14, 2017 • 83 Comments But there is no Financial Crisis. These are the boom times.
P2P Loans are “Predatory,” Have Delinquency Characteristics of pre-2007 Subprime Mortgages, Could Impact Financial Stability: Cleveland Fed by Wolf Richter • Nov 13, 2017 • 51 Comments Debt slaves get deeper into high-cost debts they can’t handle.
Equifax Discloses its Coming Nightmares by Wolf Richter • Nov 10, 2017 • 44 Comments “It is not possible to estimate the amount of loss or range of possible loss.”
Next Phase of Carmageddon: the Banks by Wolf Richter • Nov 9, 2017 • 71 Comments Banks have started to tighten lending standards for prime and subprime borrowers, and it shows.
Brick-and-Mortar Meltdown Sinks Property Prices by Wolf Richter • Nov 6, 2017 • 64 Comments Other sectors are weak too, but one sector is hot.
How US Debt Slaves Get Trapped by “Deferred Interest” by Wolf Richter • Nov 2, 2017 • 78 Comments But over the next 2 months, they’ll try to prop up US retailers and the entire global economy with these credit cards.
The Bitter Irony about Today’s “Real Disposable Income” by Wolf Richter • Oct 30, 2017 • 111 Comments This confirms what many Americans feel in their wallets.
What the Headlines Got Wrong about Retail Sales by Wolf Richter • Oct 14, 2017 • 33 Comments No, our American consumers didn’t suddenly perform a miracle.
LEAKED: Worst Data Hack in US History Gets Worse by Wolf Richter • Oct 10, 2017 • 34 Comments What else has Equifax not disclosed yet?
