Update on the Fed’s QE Unwind by Wolf Richter • Jun 8, 2018 • 101 Comments Just as the Fed created money to buy Treasuries and MBS during QE, it now destroys money as these securities “roll off” the balance sheet.
Huge New Prop under the Stock Market is a One-Time Affair by Wolf Richter • Jun 5, 2018 • 87 Comments Crash insurance with an expiration date. But its working while it lasts.
FANGMAN Stocks Are Not a Bubble, Pleads Goldman Sachs by Wolf Richter • Jun 5, 2018 • 128 Comments This time, it’s different, say the strategists. So we’ll take a look.
Update on the Splendid Rental Bubbles & Crashes in the US by Wolf Richter • Jun 1, 2018 • 63 Comments Chicago’s rents in free-fall, Washington DC’s suddenly plunge, New York’s fall to third place. But rents soar in Southern California and other parts. Bay Area and Seattle “mixed.”
NIRP’s Revenge: Italian Bonds Plunge, Worst Day in Decades by Wolf Richter • May 29, 2018 • 74 Comments Markets wail and gnash their teeth as “normalization” of Italian yields sets in.
Update on the Most Splendid Housing Bubbles in America by Wolf Richter • May 29, 2018 • 114 Comments Some beautiful spikes too.
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.
