These “8 Men” Own as Much as Poorest Half of the World, Oxfam Reports as Global Elite Hobnobs in Davos by Wolf Richter • Jan 16, 2017 • 129 Comments Even in “rich countries,” more and more people “are no longer willing to tolerate the status quo.”
Fed Pays Banks $12 Billion on “Excess Reserves,” Taken from Taxpayer Pockets by Wolf Richter • Jan 11, 2017 • 60 Comments The circuitous hidden wonders of paying interest on “excess reserves.”
Evictions by Wall-Street Mega-Landlords Soar, Financialization of Rents Cause “Housing Instability”: Atlanta Fed by Wolf Richter • Jan 7, 2017 • 106 Comments It blames the Fed & Bernanke; the dark side of “healing” the housing market.
The Thing in the Jobs Report that Gives the Fed the Willies by Wolf Richter • Jan 6, 2017 • 82 Comments It’s all about cheap labor.
How Bad Will the “Bond Massacre” Get? by Wolf Richter • Jan 4, 2017 • 41 Comments Worse than the 1994 “Bond Massacre,” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”
Red Flag on Recession Crops up in NY Fed’s Coincident Economic Index by Wolf Richter • Dec 22, 2016 • 39 Comments Last time the index declined was in November 2009.
Trump Talked, the Fed Listened: Let’s Shrink the Balance Sheet, Bullard Says by Wolf Richter • Dec 17, 2016 • 104 Comments Even a Fed dove! This could get interesting.
Currency Armageddon? A Word about the Hated Dollar by Wolf Richter • Dec 15, 2016 • 69 Comments The “death of the dollar” will have to be rescheduled.
Yellen Speaks, Yields Spike, Mortgage Rates Jump, Oil Plunges: But Why? by Wolf Richter • Dec 14, 2016 • 64 Comments 7th week of US Government debt “carnage” continues unabated.
How Inflation Bites Much More than the Official Hoax by Wolf Richter • Dec 11, 2016 • 162 Comments The numbers are out. Even Japanese consumers, supposedly suffering from deflation, are getting whacked. No one escapes.
