“Distress” in US Corporate Debt Spikes to 2009 Level by Wolf Richter • Dec 2, 2015 • 18 Comments Investors bloodied as the Great Credit Bubble implodes at the bottom.
It Begins: Investors Brace for Mexico’s Biggest Corporate US-Dollar Bond Default in 20 Years by Don Quijones • Dec 2, 2015 • 2 Comments Even the central bank frets about explosive dollar debt.
Subprime “Alt”-Mortgages from Nonbanks, Run by former Countrywide Execs, Backed by PE Firms Are Hot Again by Wolf Richter • Dec 1, 2015 • 46 Comments Housing Bubble 2 comes full circle. But this time, it’s even bigger.
Consumers Lose Grapple with Reality, “Decline in Economic Aspirations” Sets in by Wolf Richter • Nov 27, 2015 • 33 Comments People can easily “adapt to the worst conditions….”
M&A Spikes to Craziest Frenzy Ever, even as Bottom Falls out of Riskiest End by Wolf Richter • Nov 25, 2015 • 17 Comments CEOs, Wall Street are furiously making hay while the storm moves in.
Why We Aren’t Buying this Rally by Contributor • Nov 21, 2015 • 5 Comments CDS spreads give warning sign.
Capital Destruction Rages Beneath S&P 500 Tranquility by Wolf Richter • Nov 20, 2015 • 7 Comments Chesapeake’s Bonds & Shares Collapse amid Junk-Bond Market Rout.
Financially Engineered Stocks Drag Down S&P 500 by Wolf Richter • Nov 18, 2015 • 18 Comments Magic trick turns into toxic mix.
Foreign Investors Bail out of Canada’s Money Machine by Wolf Richter • Nov 16, 2015 • 4 Comments First net outflow from Canadian securities since 2008.
Bloodletting 8 Trading Days in a Row: Junk Bonds Go to Heck by Wolf Richter • Nov 16, 2015 • 16 Comments Investors “sit on large amounts of potential and realized losses”: Moody’s