US Banks Report $251 billion of “Unrealized Losses” on Securities Investments in 2018, the Most Since 2008: FDIC by Wolf Richter • Mar 12, 2019 • 21 Comments And other juicy banking nuggets.
Demand for HELOCs Collapses to 15-Year Low by Wolf Richter • Mar 11, 2019 • 100 Comments American homeowners have learned a lesson, despite what banks and the Fed want them to do.
THE WOLF STREET REPORT by Wolf Richter • Mar 10, 2019 • 75 Comments The Risks of American Consumer Debt Hide Beneath the Averages.
State of the World’s Biggest Debt Slaves: Americans Wimp Out in 11th Place by Wolf Richter • Mar 9, 2019 • 131 Comments And where do Chinese consumers fit in?
Mortgage Applications Drop Despite Lower Mortgage Rates: Industry is Baffled by Wolf Richter • Feb 13, 2019 • 66 Comments The hope in early January has been unwound.
Subprime Arrives: Auto-Loan Delinquencies Spike to Great Recession Levels by Wolf Richter • Feb 12, 2019 • 99 Comments “A development that is surprising during a strong economy and labor market”: New York Fed
Bond Funds Are “Potential Source of Financial Instability,” after Years of Global QE and Low Interest Rates: Fitch by Wolf Richter • Feb 11, 2019 • 45 Comments “Liquidity issues at bond mutual funds could result in wider contagion and affect other parts of the financial system and the macro economy.”
The State of the American Debt Slaves, Q4 2018 by Wolf Richter • Feb 8, 2019 • 122 Comments Consumers are doing their job only in a lackadaisical manner. But the student-loan scheme is hot.
Oops: Low Interest Rates a “Factor” in Slowdown of Economic & Productivity Growth: NBER by Wolf Richter • Feb 5, 2019 • 83 Comments Powell, Draghi, Kuroda, et al.: Did ya see this NBER study?
Stock-Market Margin Debt Plummets Most Since Q4 2008 by Wolf Richter • Jan 18, 2019 • 69 Comments Wow, that was fast. Margin calls.