Credit-Card Debt Slaves Move to Top of Fed’s Bank Worries by Wolf Richter • Jun 23, 2017 • 115 Comments Projected losses at the top 34 banks in a “severely adverse scenario.”
Rising Wages Scare the Fed: “We Need to Get on with This” by Wolf Richter • Jun 21, 2017 • 99 Comments QE-Unwind may start in September.
Argentina (!) Sells 100-Year Dollar-Denominated Junk Bonds by Wolf Richter • Jun 20, 2017 • 35 Comments What have central banks wrought?
The Fed is on a Mission, Doesn’t Worry about Markets: New York Fed’s Dudley by Wolf Richter • Jun 19, 2017 • 35 Comments Oh my, how things have changed since late last year.
What Happens When the Machines Start Selling? by Wolf Richter • Jun 15, 2017 • 74 Comments The death of fundamental analysis.
Markets Blow off the Fed until Next “Financial Event” by Wolf Richter • Jun 14, 2017 • 69 Comments Fed lays out plan to unwind QE by $600 billion a year. Markets shrug. But “Painful sell-offs eventually materialize…”
This Toxic Trifecta for Auto Loans is Fueling #Carmageddon by Wolf Richter • Jun 13, 2017 • 39 Comments Subprime Auto-Loan Backed Securities from 2015 on track to be Worst Ever.
Wall Street Wakes Up to #Carmageddon by Wolf Richter • Jun 9, 2017 • 69 Comments Auto industry faces “Unprecedented Buyer’s Strike”: Morgan Stanley.
Great Debt Unwind: Bankruptcies by Consumers and Businesses Jump by Wolf Richter • Jun 6, 2017 • 145 Comments The Debt Slaves are beginning to buckle under their loads.
Why I think Stocks Won’t Crash Spectacularly but May Zigzag Lower in Agonizing Ups-and-Downs, Possibly for Decades by Wolf Richter • May 28, 2017 • 120 Comments Worst-case scenario ahead.