Even as the Fed floods the market with $400 billion in four months, with stocks at record highs, and reality pooh-pooed as irrelevant. What’s different this time?
Not even the “bankruptcy” word hanging over super-troubled Italian infrastructure giants Atlantia and Autostrade, whose bridge collapsed last year, can get their bonds to reflect any kind of serious risk.
This solid recession indicator is starting to concern me again.
Something funny’s happening in NIRP land: long-term yields are rising, negative yields are turning positive, and investors are getting punished for having handed their brains to central banks.
The Biggest Share-Buyback Queens: When Will They Run Out of Juice?
We got another one today, warning about all the right things. And then they do the opposite.
“I want to see rating agencies improve their performance before they contribute to another meltdown.”
What does it mean when the Fed and other central banks jointly bemoan the effects of their own policies? Worried about not being able to keep all the plates spinning?
Wow, that was fast: In default is a $650 million portion of a $2 billion loan package, signed in 2018.
Rising first-payment defaults and 60-day delinquencies, which are “leading indicators,” caused the retailer to become “prudent.” Shares plunged 33%.