Everything’s Fine Until Suddenly it Isn’t: How a “Leveraged Loan” Blows Up by Wolf Richter • Jul 16, 2019 • 75 Comments Kudos to the private equity firm. These things don’t happen overnight for companies. They happen overnight only for investors.
“Transportation Recession” Gets Uglier by Wolf Richter • Jul 15, 2019 • 46 Comments US freight shipments fall for 7th month in a row. After the boom, the bust.
Fracking in California is About to Get a Lot More Difficult by Nick Cunningham • Jul 15, 2019 • 42 Comments Governor Newsom, six months on the job, finds out what’s actually going on.
Not Helpful for Crushed European Bank Stocks: Stress Test a Sham, European Court of Auditors Warns by Nick Corbishley • Jul 15, 2019 • 27 Comments Just when European banks need to inspire confidence more than ever.
THE WOLF STREET REPORT: The Victims of Inflation by Wolf Richter • Jul 14, 2019 • 94 Comments Beatings will continue until morale improves, or something.
My Advice to the Fed on “Low Inflation”: Use a Different Index for Crying Out Loud and Tell the BLS to be Less Aggressive with “Hedonic Quality Adjustments” by Wolf Richter • Jul 13, 2019 • 116 Comments The Fed could instantly claim victory and pocket the kudos.
“Where the American Dream Goes to Die”: Changes in House Prices, Rents, and Incomes since 1960 by Region & Metro by Wolf Richter • Jul 12, 2019 • 164 Comments How out-of-whack is the discrepancy in growth between incomes, rents, and house prices?
Liquidity Crisis at Woodford Equity Fund Is Symptomatic of Systemic Problem, Bank of England Warns by Nick Corbishley • Jul 12, 2019 • 29 Comments $30 trillion of assets globally are held by similar open-ended funds.
China Auto Sales Spiral Down, But This Time It’s Different: Government Refuses to Bail Them Out with Big-Fat Incentives by Wolf Richter • Jul 11, 2019 • 80 Comments Here’s why. The strategy is a game changer with global impact.
With all this Money Printing, Where’s the Huge Inflation? by Wolf Richter • Jul 11, 2019 • 115 Comments Oh, it’s here alright. But we’re a little squeamish about calling it out.
