Tax Cuts will Balloon US Debt to 120% of GDP, but Boost to Economy will be “Short-Lived” by Wolf Richter • Nov 7, 2017 • 57 Comments US is the “most indebted AAA-country” and runs “the loosest fiscal stance,” but the dollar as Reserve Currency still props it up: Fitch
The Fed Actually Begins its QE Unwind by Wolf Richter • Nov 2, 2017 • 93 Comments But what’s happening with mortgage-backed securities?
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.
