How US Debt Slaves Get Trapped by “Deferred Interest” by Wolf Richter • Nov 2, 2017 • 78 Comments But over the next 2 months, they’ll try to prop up US retailers and the entire global economy with these credit cards.
The US Cities with the Biggest Housing Bubbles by Wolf Richter • Oct 31, 2017 • 96 Comments Extraordinary home price inflation in all its beauty.
The Bitter Irony about Today’s “Real Disposable Income” by Wolf Richter • Oct 30, 2017 • 111 Comments This confirms what many Americans feel in their wallets.
Record Surge in Riskiest Loans Fattens Wall Street Banks by Wolf Richter • Oct 30, 2017 • 22 Comments Crackdown efforts by bank regulators are put on hold.
Big Bitcoin Investor Believes Bitcoin Might Still Go to “Zero,” Just Riding the Momentum by Wolf Richter • Oct 29, 2017 • 97 Comments Our risk-free forever-surging stocks are too tame? Chase “blockchain” and cryptocurrencies. But he stopped buying at these prices.
Einhorn Vents his Frustrations about the Crazy Markets by Wolf Richter • Oct 24, 2017 • 64 Comments Why trying to bet against this madness is a widow-maker trade. Logic has nothing to do with it.
What Junk-Rated Netflix just Said about the Bond Market by Wolf Richter • Oct 24, 2017 • 121 Comments It lives in a fantasy world.
Wall Street Piles into Cryptocurrencies, Others Speak of “Biggest Scam Ever” by Wolf Richter • Oct 23, 2017 • 141 Comments I don’t remember ever having seen crazier times of more pandemic proportions.
US Treasury Rates Hit Nine-Year Highs by Wolf Richter • Oct 22, 2017 • 77 Comments But the yield spread collapses to lowest since early in the Financial Crisis. Even the Fed is worried.
Is the Fed Getting Cold Feet about the QE Unwind? by Wolf Richter • Oct 20, 2017 • 125 Comments Curious things are happening on its balance sheet.