Why’s the World’s Biggest Asset Manager Advising the ECB on the Health of EU Banks? by Don Quijones • Oct 15, 2018 • 40 Comments BlackRock is “a market power that no state can control anymore.”
Dead Meat Walking: Why Sears Will Be Liquidated by Wolf Richter • Oct 15, 2018 • 72 Comments Bankruptcy can only restructure debts; it cannot revive mutilated brands and bring back mauled customers.
THE WOLF STREET REPORT by Wolf Richter • Oct 14, 2018 • 53 Comments How the next housing bust might unfold – the best-case scenario.
What’s Going on in the Used Passenger-Plane Market? by MC01 • Oct 13, 2018 • 56 Comments Converting them to freighters is a booming business, but overcapacity looms.
Here Comes the ECB with a “Bubble” Warning, After it Caused the Most Absurd Bond Bubble Ever by Wolf Richter • Oct 12, 2018 • 73 Comments “The ECB cannot and should not turn a blind eye to risks to financial stability.”
Exxon Now Advocates for Carbon Tax? Hmmm by Leonard Hyman and Willian Tilles • Oct 12, 2018 • 95 Comments Some things are just too curious.
Amid Market Rout, Decade of “Financial Repression” Ends, Capital Preservation Suddenly is a Thing by Wolf Richter • Oct 11, 2018 • 103 Comments This will dog the stock market going forward.
How Will 6% Mortgage Rates Deal with Housing Bubble 2? by Wolf Richter • Oct 10, 2018 • 95 Comments It has finally happened – a line in the sand has been breached.
“Rising Inequality” Could Impact America’s AAA Credit Rating by Safehaven • Oct 10, 2018 • 33 Comments Moody’s: It “will exacerbate already material fiscal challenges on the horizon.” If unaddressed, “social tensions will continue to rise.”
“Concerned” Bank of England Raises Alarm about Growth of High-Risk Loans by Don Quijones • Oct 10, 2018 • 12 Comments “The global leveraged loan market is larger than – and growing as quickly as – the US subprime mortgage market was in 2006.”
