Foreign Governments Dump US Treasuries as Never Before, But Who the Heck is Buying Them? by Wolf Richter • Feb 9, 2017 • 44 Comments There’s now a special math for NIRP refugees in Europe.
The Growth Industry in 2017? Debt Restructuring & Bankruptcy! by Wolf Richter • Feb 6, 2017 • 32 Comments What the experts of the “restructuring industry” see.
Desperation Invades Vancouver Housing Bubble, as Hot Money Still Pumps up Toronto, Hype Overflows by Wolf Richter • Feb 5, 2017 • 43 Comments In Toronto, “home ownership continues to be a great investment,” which is what they said about Vancouver a year ago.
Consumer Bankruptcies Rise for the First Time since 2010 by Wolf Richter • Feb 5, 2017 • 46 Comments A red flag that’ll be highlighted only afterwards as a turning point.
Italy’s “Bad Banks,” Created to Save the Financial System, Are Themselves on Verge of Collapse by Don Quijones • Feb 4, 2017 • 33 Comments “The €20 billion the government set aside is starting to look like small beer.”
There’s a Lot More at Stake in this IPO than Just Toxic Financials by Wolf Richter • Feb 3, 2017 • 63 Comments Silicon Valley hubris knows no bounds.
Markets Smell a Rat as Central Banks Dither by Wolf Richter • Feb 2, 2017 • 61 Comments NIRP is dying.
“Watch Out for the Shock”: Asset Manager Natixis by Wolf Richter • Jan 31, 2017 • 40 Comments Investors have gotten so used to central bank “laxity” they “cannot believe it will end.”
Dow Companies Report Worst Revenues since 2010, Dow Rises to 20,000 (LOL?) by Wolf Richter • Jan 29, 2017 • 46 Comments Wall Street hocus-pocus has done an awesome job.
Back Below “Stall Speed”: 2016 Economy Matches Worst Year since Great Recession by Wolf Richter • Jan 27, 2017 • 47 Comments Gutted Hopes for a Strong Finish.