Suddenly Leveraged Loan Issuance Gets Rough by Wolf Richter • Aug 22, 2019 • 62 Comments Fifth deal croaked in August. Moody’s has a cow over Ancestry.com’s deal. Deals had to be sweetened to find buyers. Retail investors bail out.
Repo Market Problems & Ballooning Inventories of Treasuries at Primary Dealers Make it into the Fed’s Minutes. My Fancy-Schmancy “Fed Hawk-o-Meter” Jumps by Wolf Richter • Aug 21, 2019 • 111 Comments Fed Warns about “Elevated” Asset Prices and High Business Leverage.
THE WOLF STREET REPORT: How Negative Interest Rates Screw Up the Economy by Wolf Richter • Aug 18, 2019 • 147 Comments Now they’re clamoring for the NIRP absurdity in the US. How will this end?
US National Debt Spiked $363 billion in Two Weeks, $1 Trillion in 12 months. But Who Bought This Pile of Treasury Securities? by Wolf Richter • Aug 17, 2019 • 94 Comments Nope, the Fed dumped. But there was huge demand elsewhere.
Fuel for the Next Mortgage Bust? by Wolf Richter • Aug 14, 2019 • 66 Comments Cash-out refi hype is back full-blast. And for the first time since early 2006, people are doing it in large numbers.
Subprime Auto Loans Blow Up, Delinquencies at 2009 Level, Biggest 12-Month Surge Since 2010 by Wolf Richter • Aug 13, 2019 • 99 Comments But these are the good times. Automakers are not amused.
How Can a Company Lose $5.2 Billion on $3.2 Billion in Revenue? Uber Shows How by Wolf Richter • Aug 8, 2019 • 154 Comments And rideshare revenue is stagnating.
Is the Everything Bubble Ripe Yet? by Wolf Richter • Aug 8, 2019 • 110 Comments Suddenly – I mean the signs had been everywhere for a long time and “suddenly” doesn’t really apply – the whole house of cards came tumbling down.
The State of the American Debt Slaves, Q2 2019 by Wolf Richter • Aug 7, 2019 • 135 Comments The bifurcation among consumers.
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.
