WeWork IPO, the Straw that Breaks the Stock Market’s Back? Valuation Plunged by up to 79% by Wolf Richter • Sep 13, 2019 • 152 Comments “They’re Going to Screw Up the Market”: Jim Cramer, on the moment-of-truth effects of the WeWork IPO.
What to Do About the Student-Loan Fiasco: Is “Debt Forgiveness” Really the Answer? by Wolf Richter • Sep 11, 2019 • 149 Comments The University-Corporate-Financial Complex is going to squeal.
THE WOLF STREET REPORT: What to Do About the Student-Loan Fiasco? by Wolf Richter • Sep 8, 2019 • 218 Comments OK, I’m going to wade into this debate — but with my boots on.
Delinquency Rates of Student-Housing CMBS Spike by Wolf Richter • Sep 8, 2019 • 128 Comments The once hot asset class of high-end student housing runs into reality.
Contagion from Liquidity Crunch at Junk-Bond Funds to Trigger “Material Second Round Effects”: EU Securities Regulator by Nick Corbishley • Sep 7, 2019 • 31 Comments The cost of dodging negative interest rates.
Fed Sheds $20 Billion in Assets in August, Relentlessly Sloughs Off MBS, Adds Some Treasuries, Starts Shift to Short-Term T-Bills by Wolf Richter • Sep 5, 2019 • 106 Comments QE Unwind continues via the sharp drop in MBS.
Here’s What I’m Worried About. And It’s Not a Recession by Wolf Richter • Sep 4, 2019 • 127 Comments A rout in the hyper-inflated bond market can blow up everything at this point.
THE WOLF STREET REPORT: Here’s What I’m Worried About, and It’s Not a Recession by Wolf Richter • Sep 1, 2019 • 122 Comments A rout in the hyper-inflated bond market can blow up everything at this point.
Suddenly Leveraged Loan Issuance Gets Rough by Wolf Richter • Aug 22, 2019 • 62 Comments Fifth deal croaked in August. Moody’s has a cow over Ancestry.com’s deal. Deals had to be sweetened to find buyers. Retail investors bail out.
Repo Market Problems & Ballooning Inventories of Treasuries at Primary Dealers Make it into the Fed’s Minutes. My Fancy-Schmancy “Fed Hawk-o-Meter” Jumps by Wolf Richter • Aug 21, 2019 • 113 Comments Fed Warns about “Elevated” Asset Prices and High Business Leverage.
