Fed Pays Banks $12 Billion on “Excess Reserves,” Taken from Taxpayer Pockets by Wolf Richter • Jan 11, 2017 • 60 Comments The circuitous hidden wonders of paying interest on “excess reserves.”
Commodities Bust Crushes Incomes, House Prices, & Rents in Western Australia by Wolf Richter • Jan 9, 2017 • 28 Comments “Ponzi finance schemes are struck firmly in reverse gear.”
The Thing in the Jobs Report that Gives the Fed the Willies by Wolf Richter • Jan 6, 2017 • 82 Comments It’s all about cheap labor.
How Bad Will the “Bond Massacre” Get? by Wolf Richter • Jan 4, 2017 • 41 Comments Worse than the 1994 “Bond Massacre,” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”
The Bitter Reality of the Stock Market “January Effect” by Wolf Richter • Jan 2, 2017 • 26 Comments A myth gets destroyed by facts.
The Almighty Dollar and the Currencies that Crushed it in 2016 by Wolf Richter • Jan 1, 2017 • 42 Comments A mix of deceptive calm, hair-raising craziness, and big surprises.
Minimum Wages Jump on Jan. 1 in Cities & States. Here’s what I Think about it. by Wolf Richter • Dec 26, 2016 • 135 Comments While Congress sits on its hands.
New Census Data Shows Why the Job Market is Still “Terrible” (as Trump said), but the Numbers Get Hushed up by Wolf Richter • Dec 26, 2016 • 109 Comments Hardly any improvement for individuals since the Great Recession.
World Trade Falls to 2014 Level, just in Time for a “Trade War” by Wolf Richter • Dec 23, 2016 • 105 Comments Threatened Trade War meets the Great Stagnation.
Even Single-Family Rentals Sink in Once Hottest Markets by Wolf Richter • Dec 21, 2016 • 49 Comments San Francisco, San Jose, New York… and cracks appear even in Seattle’s crazy Rent Boom
