THE WOLF STREET REPORT: How Even “Low” Interest Rates Screw Up the Economy by Wolf Richter • Aug 25, 2019 • 110 Comments Interest rates don’t have to be negative to make a mess in the era of “Secular Stagnation.”
World Trade Skids for First Time Since Financial Crisis by Wolf Richter • Aug 25, 2019 • 56 Comments Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
Near-Record Low Mortgage Rates No Relief for Dropping New House Prices by Wolf Richter • Aug 23, 2019 • 143 Comments Last time was during the Financial Crisis. Now it’s happening in a kinder and gentler way, but there is no crisis.
Suddenly Leveraged Loan Issuance Gets Rough by Wolf Richter • Aug 22, 2019 • 62 Comments Fifth deal croaked in August. Moody’s has a cow over Ancestry.com’s deal. Deals had to be sweetened to find buyers. Retail investors bail out.
Repo Market Problems & Ballooning Inventories of Treasuries at Primary Dealers Make it into the Fed’s Minutes. My Fancy-Schmancy “Fed Hawk-o-Meter” Jumps by Wolf Richter • Aug 21, 2019 • 113 Comments Fed Warns about “Elevated” Asset Prices and High Business Leverage.
How Negative Interest Rates Screw Up the Economy by Wolf Richter • Aug 21, 2019 • 191 Comments Now they’re clamoring for this NIRP absurdity in the US. How will this end?
How the Ecommerce Boom Crushes “Mall Retailers” One by One by Wolf Richter • Aug 19, 2019 • 129 Comments The segments at the core of the Brick-and-Mortar Meltdown.
THE WOLF STREET REPORT: How Negative Interest Rates Screw Up the Economy by Wolf Richter • Aug 18, 2019 • 149 Comments Now they’re clamoring for the NIRP absurdity in the US. How will this end?
US National Debt Spiked $363 billion in Two Weeks, $1 Trillion in 12 months. But Who Bought This Pile of Treasury Securities? by Wolf Richter • Aug 17, 2019 • 94 Comments Nope, the Fed dumped. But there was huge demand elsewhere.
Freight Shipments Suffer Steepest Drops since Financial Crisis, Overcapacity Balloons by Wolf Richter • Aug 16, 2019 • 77 Comments For Trucking and Railroads, it’s Hangover Time.
