Consumer debt to GDP spikes, but why did credit card balances plunge and new delinquencies decline?
All kinds of weird records are being broken. But it’s scheduled to expire, and then what?
“Companies from outside the euro zone are setting up vehicles to issue debt in euros and thereby qualify for the ECB’s purchase programs.”
“Extend and Pretend” forevermore. Transcript of my podcast.
“Extend and Pretend” forevermore?
It wants to know: Why was YRC even bailed out? And why was the taxpayer put at so much risk? What’s going on here?
And the FANGMAN shivered as Netflix got knocked down.
The market has come to totally depend on the “Giant 5.” A scary out-of-whack weight on the way down.
The bankruptcy epicenter is in Texas.
CMBS delinquency rates for retail properties spiked to 18% and for hotel properties to 24%.