Bonds Issued by Acquirer of Mattress Firm & Sherwood Bedding Collapse after ECB Buys Them as Part of QE by Wolf Richter • Dec 6, 2017 • 46 Comments Steinhoff’s “accounting irregularities” crush its stock.
Fed Tightens, “and so far, Nothing Has Blown Up” by Wolf Richter • Dec 5, 2017 • 67 Comments Gundlach frets about bonds during QE unwind, rate hikes, tax cuts, and rising deficits.
GM Sells 70% More Vehicles in China than the US by Wolf Richter • Dec 5, 2017 • 31 Comments Big Risks, Thin Profits. US taxpayers helped.
Bank of Japan Tapers (Quietly), QE Party Over by Wolf Richter • Dec 4, 2017 • 39 Comments No flashy announcement, to avoid alarming the markets.
The Fed Might “Surprise” Markets with its Hawkishness in 2018 by Wolf Richter • Dec 4, 2017 • 73 Comments The tax cuts and “elevated asset prices.”
US Demand for Electricity Falls Further: What Does it Mean? by Wolf Richter • Dec 3, 2017 • 159 Comments Layoffs at GE Power, for example.
Rents Plunge in the Most Expensive US Cities by Wolf Richter • Dec 1, 2017 • 36 Comments But many mid-tier markets are red-hot.
US Gross National Debt Jumps $723 billion in 12 Weeks, Yellen “Very Worried about Sustainability of US Debt Trajectory” by Wolf Richter • Nov 30, 2017 • 153 Comments But only a few lost souls in Congress care.
Stock Market Lazes Happily on a Powerful Time Bomb, and the Fed Begins to Worry by Wolf Richter • Nov 29, 2017 • 84 Comments Pointing at “excesses,” “distortions,” and “imbalances.”
