Another Retail Chain Bought & Stripped Bare by Sun Capital Goes Bankrupt by Wolf Richter • Jan 17, 2019 • 97 Comments Number five in two years. Here’s the list.
At Taxpayers’ Expense, Fed Paid Banks $38.5 Billion in Interest on “Reserves” in 2018. Here’s How by Wolf Richter • Jan 10, 2019 • 106 Comments The Slickest Annual Wealth-Transfer from Taxpayers to the Banks via the Fed.
“Leveraged Loans” Bite: Record-Bad Year-End for Loan Mutual Funds & ETFs by Wolf Richter • Dec 28, 2018 • 34 Comments Forced selling in the once red-hot $1.3-trillion “leveraged loan” market.
Nasdaq, “Tech,” & IPOs are in for Gut-Wrencher by Wolf Richter • Dec 24, 2018 • 71 Comments Nasdaq down 24% already. Renaissance IPO ETF down 31%. But Uber and other unicorns plan record IPOs in 2019, à la dotcom-crash-debut in 2000.
$1.3 Trillion “Leveraged Loan” Boom Comes Unglued by Wolf Richter • Dec 21, 2018 • 70 Comments The Fed has warned about them, and investors fear a run-on-the-fund.
Is All Lost? Record Share Buybacks But Stocks Get Crushed by Wolf Richter • Dec 18, 2018 • 98 Comments The vengeance of share buybacks: buyback queen Apple plunges.
US Banks Disclose Biggest Unrealized Losses on Security Investments since Q1 2009: FDIC by Wolf Richter • Dec 13, 2018 • 36 Comments The price of rising interest rates.
Chicago’s Budget Fix: Weed, Gambling, COLAs, and More Gambling? Nice Try by Bill Bergman • Dec 13, 2018 • 56 Comments Mayor Rahm Emanuel forgot to mention the biggie: Much More Debt.
US Bank Stocks Spiral Down by Wolf Richter • Dec 11, 2018 • 86 Comments Something’s not right: Banks are heavily exposed to record business debt as credit quality deteriorates.
Ugly Week for Stocks: Bad Sign that Even the WSJ’s Mega-Effort to Reflate them Fizzled by Wolf Richter • Dec 7, 2018 • 99 Comments Apple plunges. FANGMAN stocks down 10.4% for the week, down $1.12 trillion from peak.
