The Global Battle over Subsidies for Money-Losing Airlines by MC01 • Dec 23, 2018 • 24 Comments The US and EU slug it out with the United Arab Emirates and Qatar.
Nothing Goes to Hell in a Straight Line, Not Even Stocks by Wolf Richter • Dec 22, 2018 • 122 Comments But a whole generation of investors has never been through a Nasdaq-bubble unwind, and they’re shocked.
$1.3 Trillion “Leveraged Loan” Boom Comes Unglued by Wolf Richter • Dec 21, 2018 • 70 Comments The Fed has warned about them, and investors fear a run-on-the-fund.
Deutsche Bank Death Spiral Hits Historic Low. European Banks Follow by Wolf Richter • Dec 20, 2018 • 81 Comments Bottom fishers were taken out the back and shot.
Multifamily Rentals Were Best Asset Class in 2018 in Spain, But Now Rents Are Heading South by Don Quijones • Dec 20, 2018 • 14 Comments Soaring rents outran tenant wages, which can’t last.
Stocks Tank 3% in 2 Hours after the Fed Refuses to Flip-Flop by Wolf Richter • Dec 19, 2018 • 129 Comments Under tremendous pressure, the Fed sticks to its guns, mostly, and the crybabies are having a cow.
Downturn in Local Housing Markets Hit National Averages by Wolf Richter • Dec 19, 2018 • 51 Comments Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West.
Is All Lost? Record Share Buybacks But Stocks Get Crushed by Wolf Richter • Dec 18, 2018 • 98 Comments The vengeance of share buybacks: buyback queen Apple plunges.
Retail Melts Down Before Christmas in the UK, Spreads to Continent by Don Quijones • Dec 18, 2018 • 42 Comments After “the worst-on-record unbelievably bad” November, even e-commerce gets hit, not just brick & mortar, on fears Christmas sales could be terrible.
Who Exactly Mopped up $1.33 Trillion of New US Government Debt over the Past 12 months? by Wolf Richter • Dec 17, 2018 • 78 Comments Debt out the wazoo, but someone is still buying it.
