NIRP’s Revenge: Italian Bonds Plunge, Worst Day in Decades by Wolf Richter • May 29, 2018 • 74 Comments Markets wail and gnash their teeth as “normalization” of Italian yields sets in.
Update on the Most Splendid Housing Bubbles in America by Wolf Richter • May 29, 2018 • 114 Comments Some beautiful spikes too.
“For New Money Only”: Banks Fight for Deposits, But if You Don’t Jump Through Hoops, You Get “Punishment Rates” by Wolf Richter • May 28, 2018 • 60 Comments HSBC makes it official.
The Engines of the Largest Container Ships in the World, and Challenges their Manufacturers Face by MC01 • May 28, 2018 • 101 Comments Three companies dominate the market for these huge “low-speed” two-stroke diesel engines.
Which Banks Are Most Exposed to Italy’s Sovereign Debt? (Other than the Horribly Exposed Italian Banks) by Don Quijones • May 27, 2018 • 74 Comments “Doom loop” begins to exact its pound of flesh.
Is This the Next Big Retailer to Melt Down? Its Bonds Crashed by Wolf Richter • May 25, 2018 • 102 Comments It was bought out by a PE firm, saddled with $8 billion in debt, and grapples with its fate.
US Gasoline Exports Surge, as Price Hits $3 for Memorial Day, $3.69 in California by Wolf Richter • May 25, 2018 • 81 Comments Business is business.
Riskiest Junk Bonds Still Blissful in La-La Land, High-Grade Bonds Bleed. Apple’s Fault? by Wolf Richter • May 24, 2018 • 24 Comments The Fed will keep tightening until these junk bonds buckle.
Wall Street Mega-Landlords Piled into Spain’s Rental Property Boom, and Now it Hits a Wall? by Don Quijones • May 24, 2018 • 28 Comments Blackstone Group, Cerberus Capital Management, and others face a problem.
Oops, It’s Starting, Says This Chart from the FDIC by Wolf Richter • May 23, 2018 • 87 Comments And its eerie exhortations to the banks to prepare for a downturn to avoid “undue disruption to the financial system.”
