How the Liquidity “Delusion” Leads to a Crash by Wolf Richter • May 7, 2015 • 8 Comments Mohamed El-Erian has second thoughts.
Dollar Hits Air Pocket, Euro in Epic Short Squeeze by Wolf Richter • May 7, 2015 • 4 Comments “I wonder whether we’re not living in a new world in which governments no longer control as much as they think they control.”
Housing Bubble 2: Investor Purchases Hit Record, Small Investors Pile in, ‘Smart Money’ Gets Out by Wolf Richter • May 1, 2015 • 21 Comments Here are the cities and the state where investors are the new majority.
This Is What’s Happening in Junk Bonds, and It’s Not Pretty by Wolf Richter • Apr 23, 2015 • 3 Comments Junk bonds in “extreme overvaluation,” covenant quality drops to record low, old money getting whacked as new money pours in.
Central Bank Governor Veers Off Script, Sees “Illusion of Liquidity” & “Asset Bubbles,” Dreads Crash by Wolf Richter • Apr 22, 2015 • 9 Comments And he offers an insanely good chart of the Hot Money.
The World’s Financial System Is Going Nuts by David Stockman • Apr 21, 2015 • 7 Comments Central banks have succeeded in generating a planet-wide mania.
Money from Heaven, Path to Hell by Ryan Litfin • Apr 17, 2015 • 4 Comments What the Fed is going on?! Gains evaporate back into thin air from where they came.
Here’s What’s Killing the American Dream by Wolf Richter • Apr 10, 2015 • 23 Comments And it’s dragging down the economy.
Keep Pushing Until Something Really BIG Breaks? by Wolf Richter • Apr 9, 2015 • 13 Comments Fed clueless how to unscramble omelet, fears “outsized market reaction.” Other central banks keep adding to omelet. Absurdity reigns.
You Should See the Reasons Cited for the Plunge of the Kansas City Fed Manufacturing Index by Wolf Richter • Mar 26, 2015 • 3 Comments “We don’t see the economy being as strong as portrayed in the national media.”
