Great Debt Unwind: Consumer Bankruptcies Jump, First since 2010. Commercial Bankruptcies Spike by Wolf Richter • Apr 8, 2017 • 57 Comments But don’t blame the oil bust.
Health-Care Industry Debt Turns into “Systemic Recession Risk” by Wolf Richter • Mar 27, 2017 • 102 Comments Debt binge hits limit, with big impact on overall economy. Chilling charts.
Auto Industry Resorts to Biggest Incentives Ever Just to Slow the Decline in Sales by Wolf Richter • Mar 26, 2017 • 59 Comments Last time automakers tried this was in 2009!
Condo Flippers in Miami-Dade Left Twisting in the Wind by Wolf Richter • Mar 26, 2017 • 72 Comments It’s not like Miami hasn’t been through a horrendous condo glut before.
Subprime Auto Loans Crushed Worse than in 2009, Auto Industry Bleeds, Knock-on Effects Commence by Wolf Richter • Mar 24, 2017 • 67 Comments After the credit bubble comes the credit bust.
Is this the Sound of the Bottom Falling Out of the Auto Industry? by Wolf Richter • Mar 21, 2017 • 83 Comments Not quite, not yet, but it’s not good either.
Rising Inflation, Four Rate Hikes, Financial Repression on Menu in 2017: Fed Heads by Wolf Richter • Mar 20, 2017 • 49 Comments Bondholders, savers, consumers to be put through inflation wringer.
How Auto Sales Are Getting Crushed in Houston by Wolf Richter • Mar 15, 2017 • 34 Comments First oil & gas, then construction, then new vehicle sales.
“In the Short Run, It’s Very Difficult to See When to Bail Out” by Wolf Richter • Mar 14, 2017 • 37 Comments Robert Shiller turns sour on the “way overpriced” stock market.
Snap’s IPO Shares Should be “Junk Equity”: CalPERS by Wolf Richter • Mar 10, 2017 • 43 Comments The scam around the stock of Snapchat’s parent, and a revolt by institutional investors that may have to buy the shares.