How Will Covid-19 Lockdowns Hit the Housing Market? It Gets a Little Clearer by Wolf Richter • Apr 16, 2020 • 167 Comments “In May, what market? I don’t see no market”: Realtor.
“Something Has Gone Wrong”: UK Government, Banks Screw Up Coronavirus Loans, Small Firms Near Collapse. Better Results in Other Countries by Nick Corbishley • Apr 14, 2020 • 52 Comments Part of the problem is cultural: big banks in the UK don’t like lending to small businesses, especially not at 1.5%.
SoftBank’s Fake Startup “Valuations” Come Unglued by Wolf Richter • Apr 13, 2020 • 147 Comments But those paper gains were fun while they lasted.
Going to be Tougher for Lots of People to Even Get a Mortgage. Expensive Housing Markets Most Affected by Wolf Richter • Apr 12, 2020 • 205 Comments Availability of Jumbo Mortgages Plunges.
“Mortgage Forbearance” is Suddenly Hot, Hits Shadow Banks, which Clamor for Bailout from Taxpayers and the Fed by Wolf Richter • Apr 10, 2020 • 234 Comments “The mortgage market has more risk than previously acknowledged.”
QE-4 Cut in Half this Week. Fed’s Helicopter Money for Wall Street & the Wealthy Hits $1.8 Trillion in 4 Weeks by Wolf Richter • Apr 9, 2020 • 224 Comments Regular folks need not apply.
$1.5 Trillion Helicopter Money for Wall Street in 3 Weeks of Fed Bailouts by Wolf Richter • Apr 2, 2020 • 216 Comments Loading up on Treasury securities, mortgage-backed securities, repos, “central bank liquidity swaps,” and “loans” to keep the Everything Bubble from imploding further.
Week Two: How COVID-19 Lockdowns Impact US Housing Market. Mortgages Give Clues: It Gets Uglier by Wolf Richter • Apr 1, 2020 • 169 Comments “Nobody has any taste for risk anymore. All of those exotic loan programs have ceased. All investors buying that paper are gone”: mortgage broker.
Estimates About the Collapse of Share Buybacks Emerge by Wolf Richter • Mar 31, 2020 • 134 Comments “The leveraged share buyback game has ended, which also means an end to the phony earnings growth.”
Corruption in the Time of Coronavirus by Karen Parker Feld • Mar 29, 2020 • 279 Comments Now even the fig leaf is gone.
