Congrats! Canadians Just Set a New Record for Borrowing Against their Homes by Daniel Wong • Apr 19, 2018 • 25 Comments Canadians’ personal debt against their homes tapering? That would be ridiculous!
EU Moves to Protect Financial System from Failing Banks by Don Quijones • Apr 19, 2018 • 29 Comments Too Little, Too Late?
Another Big Retailer Gets Liquidated by Wolf Richter • Apr 18, 2018 • 53 Comments Retailers in bankruptcy are notoriously hard to restructure.
Canada Home Prices Fall from Year Ago for First Time since 2009 by Steve Saretsky • Apr 18, 2018 • 26 Comments The magnificent house price bubble wheezes.
Junk Bond Market Still in Total Denial, Fighting the Fed by Wolf Richter • Apr 18, 2018 • 50 Comments Happily dreaming in La-la-land till the rude awakening.
Nearly One-Third of U.S. Lottery Winners Declare Bankruptcy by Safehaven • Apr 17, 2018 • 86 Comments “I wish I’d torn that ticket up.”
US-China Trade-War Threats Rattle Germany AG by Wolf Richter • Apr 17, 2018 • 15 Comments Unlike the New York Fed yesterday, ZEW named names and pointed fingers.
US Freight Expenditures Surge 15.6% from Year Ago by Wolf Richter • Apr 16, 2018 • 33 Comments Trucking, rail freight volume and rates surge, “pricing power has erupted.”
Optimism of Manufacturers “Plunged” the Most Ever: NY Fed by Wolf Richter • Apr 16, 2018 • 51 Comments Corporate America fears that a Trade War would hit supply chains in China.
Why Aren’t Big Banks Paying Higher Interest Rates on Deposits though Rates Have Surged? by Wolf Richter • Apr 15, 2018 • 54 Comments Well, they do pay higher rates, but not to their own clients.
