Fed Launches ‘Rate Peg Instead of QE’ Trial Balloon for Next Crisis by Wolf Richter • May 8, 2019 • 87 Comments Wall Street hype artists and QE mongers would be deeply disappointed.
Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England by Don Quijones • May 8, 2019 • 18 Comments Chinese corporate defaults this year through April are 3.4 times the amount last year.
The State of the American Debt Slaves, Q1 2019 by Wolf Richter • May 8, 2019 • 150 Comments It’s a tough job, but someone’s doing it.
While I Was Away from My Desk, Dow Drops 473 Points by Wolf Richter • May 7, 2019 • 61 Comments Oh lordy, in a market where nothing can go wrong, Dow falls below January 2018 level.
Businesses in “Critical Distress,” Bankruptcies Surge in the UK by Don Quijones • May 7, 2019 • 21 Comments “Zombie firms,” kept alive by low interest rates, account for up to 14% of UK companies.
Vancouver Housing Bust Steepens, Bank of Canada Welcomes “Froth” Coming Off by Wolf Richter • May 6, 2019 • 46 Comments “It is their interaction with froth that matters most. How much a housing market adjusts depends on how much froth there is”: Poloz
Manufacturing and Services Out of Sync, Not Just in the US by Wolf Richter • May 6, 2019 • 68 Comments Goods producing economy suffers globally. Services expected to keep it all taped together.
THE WOLF STREET REPORT by Wolf Richter • May 5, 2019 • 82 Comments Can Australia’s Housing Bust Morph into a Financial Crisis?
Trucking Skids into Downturn after Phenomenal Boom by Wolf Richter • May 4, 2019 • 106 Comments A hard U-Turn.
Ad-Free Subscription Option of WOLF STREET? I Need Feedback. And the San Francisco WOLF STREET Meetup Photos Are Here by Wolf Richter • May 4, 2019 • 132 Comments Miss the photos at your own risk.
