Canadian Homeowners Take Out HELOCs to Fund Subprime Buyers Unable to get a Mortgage by Steve Saretsky • Dec 13, 2017 • 48 Comments The Canadian Housing & Debt Bubble ascends to the next level of risk.
Stressful Year Ahead for Spanish Banks by Don Quijones • Dec 12, 2017 • 6 Comments The “spillover effects.”
Fed Gets More Ammo for Rate Hikes by Wolf Richter • Dec 12, 2017 • 35 Comments Producer Price Index rises most in six years.
Peak Bitcoin Media-Mania Yet? by Wolf Richter • Dec 11, 2017 • 105 Comments In ten practically funny pictures.
How Fed Rate Hikes Impact US Debt Slaves by Wolf Richter • Dec 11, 2017 • 73 Comments But savers are still getting shafted.
A New Stealth Attack in EU’s “War on Cash” by Don Quijones • Dec 10, 2017 • 50 Comments And the definition of “cash” widens.
Is Oil About to Collapse? by Oilprice.com • Dec 9, 2017 • 55 Comments US producers simply don’t play along with OPEC and Russia.
Enron Déjà Vu? Citi, BofA, HSBC, Goldman, BNP on the Hook as Steinhoff Spirals Down by Wolf Richter • Dec 8, 2017 • 55 Comments $21 billion of debt. Off-balance-sheet entities. Moody’s wakes up, downgrades it four notches, with more to come.
The Euro Is Not Dead, Claims EU Survey by Don Quijones • Dec 8, 2017 • 44 Comments The mood has shifted.
The Fed’s QE-Unwind is Really Happening by Wolf Richter • Dec 7, 2017 • 122 Comments Fed’s assets drop to lowest level in over three years.
