The biggest force behind the startup bubble in the US has been SoftBank. But the scheme has run into trouble, and a lot is at stake.
Signs are now all over Silicon Valley and San Francisco.
The 10-year Treasury yield rips. Unstoppable negative yields become stoppable.
OK, I’m going to wade into this debate — but with my boots on.
A rout in the hyper-inflated bond market can blow up everything at this point.
Interest rates don’t have to be negative to make a mess in the era of “Secular Stagnation.”
Now they’re clamoring for the NIRP absurdity in the US. How will this end?
Here we go again: Cash-out refi hype is back full-blast, and for the first time since early 2006, people are doing it in large numbers
Suddenly – I mean the signs had been everywhere for a long time and “suddenly” doesn’t really apply – the whole house of cards came tumbling down.
In the US alone, it impacts nearly $40 trillion. And there are consequences for the real economy.