Leveraged Loans Blow Out. Distressed Corporate Debt Spikes by Wolf Richter • Mar 23, 2020 • 252 Comments This is the moment when yield-chasing turns into a massacre.
Australia’s Construction Industry “On Brink of Collapse”: Started Going to Heck Last Year, Now Comes COVID-19 by Nick Corbishley • Mar 22, 2020 • 73 Comments Bailouts, please!
Hottest Battlegrounds in the CoronaWar: Is “Social Distancing” Kicking In? by Wisdom Seeker • Mar 21, 2020 • 230 Comments Clues about when the disease may overwhelm hospitals are valuable. Without such forecasts, local exponential growth only gives hospitals a few days advance warning.
It’s Just Day 22 of CoronaCrash, and It’s Already Such a Mess by Wolf Richter • Mar 21, 2020 • 336 Comments Kissing share buybacks and dividends goodbye.
Fed’s Balance Sheet Spikes as “Everything Bubble” Morphs into Financial Crisis 2 by Wolf Richter • Mar 20, 2020 • 188 Comments Drags out bailout creature from Financial Crisis 1: “Loans” to Primary Dealers.
After Epic “Run on the Funds,” 10 More Real Estate Mutual Funds Shuttered as COVID-19 Batters UK Property Values by Nick Corbishley • Mar 20, 2020 • 83 Comments Triggered by the belated realization of the risks in mutual funds that offer daily liquidity but invest in illiquid assets.
Junk-Bond Spreads & BBB-Bond Spreads Blow Out Past Lehman-Bankruptcy Levels by Wolf Richter • Mar 19, 2020 • 191 Comments Frazzled by the sudden appearance of Financial Crisis 2, the Fed scurries in every bailout direction.
How a Landlord of Neighborhood Malls Deals with the Lockdown Crisis his Tenants Face by Wolf Richter • Mar 19, 2020 • 84 Comments “Our Retail Marshall Plan.”
Tesla, the WTF Chart of the Year by Wolf Richter • Mar 18, 2020 • 96 Comments You’ve got to admire Musk for snookering true believers into buying $2 billion of new shares a month ago that are now down 52%.
European Banks Face Financial Crisis 2, Shares Hit 1988 Lows by Nick Corbishley • Mar 18, 2020 • 52 Comments The ECB promises to “monitor markets closely.” Then it came out with a new bond buying binge.
