“That’s a Super Dangerous Place to Be”: CEO of JPMorgan Asset Management by Wolf Richter • Jul 18, 2018 • 61 Comments When central banks distort the markets, risk disappears from view.
“Yield-Curve Inversion” Consensus Rouses Contrarian in Me by Wolf Richter • Jul 17, 2018 • 65 Comments Markets have a way of blowing this type of consensus out of the water.
As Risks Balloon, Yield Chasers Blow Off the Fed by Wolf Richter • Jul 16, 2018 • 29 Comments “This emerging trend highlights just how much risk some investors are willing to take in the current environment.”
NIRP Did It: I’m in Awe of How Central-Bank Policies Blind Investors to Risks by Wolf Richter • Jul 13, 2018 • 45 Comments “Reverse-Yankee” Junk Bond Issuance Hits Record.
What the Sadly Deflating Bubble of Manhattan Office Buildings Looks Like by Wolf Richter • Jul 10, 2018 • 15 Comments This is what happens when Chinese conglomerates get sidelined by unfortunate events.
Leveraged-Loan Risks Are Piling Up by Wolf Richter • Jul 10, 2018 • 46 Comments Rising interest rates have a peculiar effect.
Update on the Fed’s QE Unwind by Wolf Richter • Jul 6, 2018 • 94 Comments With QE, the Fed created money to buy securities and pump up asset prices; now it sheds securities to destroy this money.
Heavy-Truck Orders Explode, Trucking Companies Struggle with “Capacity Crisis,” Truck Makers & Supply Chains are Inundated, Backlog is Ballooning, But it’s a Cyclical Business by Wolf Richter • Jul 6, 2018 • 42 Comments “Fleets are desperate for more equipment, but trucks are in short supply due to the supplier constraints.”
As the Yield Curve Flattens, Threatens to Invert, the Fed Discards it as Recession Indicator by Wolf Richter • Jul 5, 2018 • 51 Comments This Fed is getting seriously hawkish: It revealed that instead of thinking about backing off rate hikes, it’s replacing the yield curve.
Bank of Japan Takes Away Punch Bowl, Balance Sheet Declines by Wolf Richter • Jul 4, 2018 • 35 Comments Was “QQE” just a pretext for bringing the government bond market under absolute control to avoid a Greek-style debt crisis?
