Surging Inflation No Problem, Junk Bond Yields Drop to Record Low, Dish out Negative “Real” Yields to Fed-Whacked Investors by Wolf Richter • Jun 11, 2021 • 273 Comments The market is broken. “Raging mania” rules.
Cash Gone Nuts: Treasury General Account Drops to $674 Billion, as Fed’s Reverse Repo Cash-Drain Hits $534 Billion by Wolf Richter • Jun 10, 2021 • 93 Comments A massive source of liquidity is approaching peter-out moment.
The Countries with the Most Monstrous Business Debts: US in 22nd Place Despite Massive Spike During the Pandemic by Wolf Richter • Jun 7, 2021 • 106 Comments China and the tax havens rule!
AMC Insiders Dumped Huge Portions of their Shares after WTF Spike, AMC Sold Shares, and Wanda is Already Outa There by Wolf Richter • Jun 5, 2021 • 141 Comments But who’s buying? CEO Adam Aron is schmoozling and bamboozling the Reddit crowd.
Stock Market Officially a Bad Joke: AMC Warns Buyers of its New Shares: Don’t Buy “Unless You Are Prepared” to Lose “All or Substantial Portion of Your Investment” by Wolf Richter • Jun 3, 2021 • 156 Comments A joke where everyone is making fun of everyone in grand & crazy pump-and-dump schemes. But I can’t blame AMC. I blame the Fed.
Buyers’ Strike? Mortgage Applications Drop Deep into 2019 Range as People Looking for a Home to Live in Step Back from “Raging Mania” by Wolf Richter • Jun 2, 2021 • 157 Comments Investors may still be doing a lot of heavy breathing.
“Cash Has Been Trash for Years, But Soon it May Be the Only Haven for Investors”: Bill Gross is at it Again by Wolf Richter • Jun 1, 2021 • 163 Comments “Inflationary pressures pose increasing price risks to Treasuries & stocks” as the Fed will react.
Known Stock Market Leverage Hits WTF High. Out the Other Side of its Mouth, the Fed Warns about Hidden Leverage that Blew up Archegos by Wolf Richter • May 18, 2021 • 220 Comments Margin debt is just the visible tip of the iceberg of leverage, and it reached the zoo-has-gone-nuts level.
Who Bought the $4.7 Trillion of Treasury Securities Added Since March 2020 to the Incredibly Spiking US National Debt? by Wolf Richter • May 17, 2021 • 164 Comments The Fed did. Nearly everyone did. Even China nibbled again. Here’s who holds that monstrous $28.1 trillion US National Debt.
The Credit Card Hustle by the Banks & the Fed Hits Rough Spot by Wolf Richter • May 16, 2021 • 170 Comments Are Americans finally figuring it out as they’re paying down their credit cards by record amounts? So far, $25 billion a year in lost interest income for the banks!
