Is This the Next Big Retailer to Melt Down? Its Bonds Crashed by Wolf Richter • May 25, 2018 • 102 Comments It was bought out by a PE firm, saddled with $8 billion in debt, and grapples with its fate.
Riskiest Junk Bonds Still Blissful in La-La Land, High-Grade Bonds Bleed. Apple’s Fault? by Wolf Richter • May 24, 2018 • 24 Comments The Fed will keep tightening until these junk bonds buckle.
Oops, It’s Starting, Says This Chart from the FDIC by Wolf Richter • May 23, 2018 • 87 Comments And its eerie exhortations to the banks to prepare for a downturn to avoid “undue disruption to the financial system.”
Where the Debt Slaves Are the Most Vulnerable by Wolf Richter • May 22, 2018 • 103 Comments I’m shedding a different light on consumer debt.
Graphic Details of the Crazy Housing Bubble in San Francisco, According to Zillow by Wolf Richter • May 20, 2018 • 130 Comments Plenty of homes for sale, at ludicrous prices for what you get. But asking prices are now getting “reduced.”
Credit Card Delinquencies Spike Past Financial-Crisis Peak at the 4,788 Smaller US Banks by Wolf Richter • May 18, 2018 • 84 Comments Subprime is calling.
But Who the Heck Bought the $1.2 trillion in New US Debt Over the Past 12 Months? by Wolf Richter • May 16, 2018 • 70 Comments Japan systematically dumps US Treasuries while China hangs on.
US Treasury 10-Year Yield Breaks Out, Mortgage Rates Jump to Highest in 7 Years by Wolf Richter • May 15, 2018 • 35 Comments But no blood in the streets. Just a rate-hike cycle at work.
Why I Think the Stock Market Cannot Crash in 2018 by Wolf Richter • May 13, 2018 • 149 Comments But the crash-insurance policy is a one-time deal. And then what?
How People Turn into “Debt Slaves?” by Wolf Richter • May 12, 2018 • 29 Comments The Price of Easy Money, Low Interest Rates, and Debt Bubbles: Wolf Richter with Jim Goddard on This Week in Money.