Investors in subprime auto-loan Asset Backed Securities should be genuflecting in front of US taxpayers to thank them for the backdoor bailout.
The market is broken. “Raging mania” rules.
A massive source of liquidity is approaching peter-out moment.
China and the tax havens rule!
But who’s buying? CEO Adam Aron is schmoozling and bamboozling the Reddit crowd.
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.
Investors may still be doing a lot of heavy breathing.
“Inflationary pressures pose increasing price risks to Treasuries & stocks” as the Fed will react.
Margin debt is just the visible tip of the iceberg of leverage, and it reached the zoo-has-gone-nuts level.
The Fed did. Nearly everyone did. Even China nibbled again. Here’s who holds that monstrous $28.1 trillion US National Debt.