New Subsidies For Coal, Nuclear in the Federal Budget by Leonard Hyman and Willian Tilles • Feb 22, 2018 • 31 Comments Nice to know our government is generous, even rewarding corporate failure.
US Treasury Posts Gigantic $1.16 Trillion Shortfall in Fiscal 2017, Hilariously Points out “Where We Are Headed” by Wolf Richter • Feb 19, 2018 • 130 Comments Just add tax cuts and ballooning expenditures. The media chose to silence the report to death.
Four Rate Hikes in 2018 as US National Debt Will Spike by Wolf Richter • Feb 12, 2018 • 112 Comments Chorus gets louder. But no one will be ready for those mortgage rates.
What Crushed Stocks? by Wolf Richter • Feb 11, 2018 • 89 Comments Treasury yields don’t matter – until they do. Mortgage rates jump.
When Will Credit Markets React? by Leonard Hyman and Willian Tilles • Feb 9, 2018 • 58 Comments All kinds of factors are coming together beautifully.
Fed’s QE Unwind Accelerates Sharply by Wolf Richter • Feb 1, 2018 • 79 Comments With a sense of urgency. No more dilly-dallying around.
US National Debt Will Jump by $617 Billion in 5 Months by Wolf Richter • Jan 30, 2018 • 74 Comments Just as the Fed accelerates its QE Unwind. Treasuries reacted.
Um, Is the US Treasury “Yield Curve” Steepening or Flattening? by Wolf Richter • Jan 29, 2018 • 51 Comments And how would the housing market digest these kinds of mortgage rates?
Why the Next Downturn “Will Not Look Like 2008” by Wolf Richter • Jan 24, 2018 • 138 Comments Nine years of scorched-earth monetary policies come home to roost.
What Will Rising Mortgage Rates Do to Housing Bubble 2? by Wolf Richter • Jan 20, 2018 • 112 Comments Oops, they’re already rising.