The Great Immoderation: How The Fed Is Sowing The Next Recession by David Stockman • Mar 11, 2015 • 6 Comments At some point, realty protrudes.
A “Crush” of Bond Sales Before the Market Goes to Heck by Wolf Richter • Mar 8, 2015 • 6 Comments The chilling thing Corporate America is saying about the bond market.
The Great Financial Shuffle by David Stockman • Mar 5, 2015 • 2 Comments What the Actavis ‘quasi-junk’ bond deal said about the power of financial engineering.
“Perfect Storm” for Junk Bonds, Mutual Funds to Get Hit by Wolf Richter • Feb 25, 2015 • 1 Comment It always starts with a toxic mix.
Oil Bust Mauls Texas Manufacturers, Atlanta Fed Sees Hit to US Economy by Wolf Richter • Feb 23, 2015 • 5 Comments New orders, shipments at “lowest reading since June 2009.”
How Long Can Central Banks Push Bonds to Absurdity? by Wolf Richter • Feb 4, 2015 • 14 Comments Throw enough money at anything, and you’ll kill it.
Immensely Concentrated Positions in “Fantastically” Overpriced Markets with “Unlimited Tolerance for Risk” by Wolf Richter • Feb 3, 2015 • 8 Comments What could go wrong? Hedge-Fund guru Paul Singer explains why they’re all doing it: a “wish not to be run over.”
Junk-Bond Bubble Implodes Beyond Energy, Deals Scuttled, Yields Soar, Suddenly “Insufficient Demand” by Wolf Richter • Jan 27, 2015 • 12 Comments A sense of unwelcome reality hits non-energy junk-rated companies.
How Capitalism Dies by Bill Bonner • Jan 26, 2015 • 15 Comments How is it possible for the average American to get poorer at a time that should have been the most productive and prosperous ever?
Look Who’s Dragging Down the Global Economy Though No One Is Allowed to Say it by Wolf Richter • Jan 20, 2015 • 12 Comments “Social cohesion is at risk.”