The Fed Slaps Down Negative Interest Rates by Wolf Richter • Nov 20, 2019 • 107 Comments A serious rejection in its first major discussion of negative interest rates recounted in the FOMC minutes.
Fed Switches from Mid-Cycle “Adjustment” to Wait-and-See, Pending “Material Reassessment” of its Economic Outlook by Wolf Richter • Nov 20, 2019 • 21 Comments My Fancy-Schmancy “Fed Hawk-o-Meter.”
Fear of “Reversal Rates” Sets in, Says the Fed by Wolf Richter • Nov 20, 2019 • 104 Comments The fear that today’s negative or low interest rates render central banks helpless in face of the next economic crisis.
Canada’s Most Splendid Housing Bubbles v. Its Other Markets, October Update by Wolf Richter • Nov 19, 2019 • 54 Comments Vancouver has tiny uptick after 14 declines. Toronto dips below July 2017 peak. Victoria ekes out high. Calgary, Edmonton stuck below oil-boom peaks years ago. Quebec City flat 6 years. Montreal ticks down from high…
US National Debt Spiked by $1.3 Trillion in 12 Months, to $23 Tn. But Who Bought This Pile of Treasury Securities? by Wolf Richter • Nov 18, 2019 • 90 Comments The Fed opened the vault in September. But others bought too.
I’m Just the Little Guy Between the Boots of Giants, but WOLF STREET has a Fairly Big Readership Now (for a little guy) and I Thank All of You for It by Wolf Richter • Nov 18, 2019 • 133 Comments Why WOLF STREET Will Stay Free and Won’t Use “Ad-Blocker Blockers” But Needs Your Support.
THE WOLF STREET REPORT: Fear of “Reversal Rates” Sets in, Says the Fed by Wolf Richter • Nov 17, 2019 • 105 Comments The fear that today’s negative or low interest rates render central banks helpless in face of the next economic crisis.
As Bad Loans Explode in Turkey, Government Tries to Recreate Debt-Fueled Boom that Led to its Financial & Currency Crisis by Nick Corbishley • Nov 17, 2019 • 31 Comments Banks are being pushed to lend with the same reckless abandon.
Meals on Broken Wheels: Uber Eats, GrubHub, DoorDash & Postmates by John McNellis • Nov 16, 2019 • 197 Comments The fatal flaw of meal-delivery unicorns.
US Freight Shipments Skid Below 2014 Level, Hit by the Slowdown in Industrial, Manufacturing & Construction by Wolf Richter • Nov 15, 2019 • 76 Comments Efforts to frontrun tariffs was part of it. But now, there’s more to it.