Four Banks & Three Tech Companies Blow $56 Billion in Q3 to Prop up Their Own Shares by Wolf Richter • Dec 18, 2019 • 124 Comments The Biggest Share-Buyback Queens: When Will They Run Out of Juice?
College Enrollment Skids for 8th Year in a Row in 2019, But Student Loans Skyrocket. What Gives? by Wolf Richter • Dec 16, 2019 • 225 Comments The stunning decline of men in the student headcount.
The State of the Canadian Debt Slaves, How They Compare to American Debt Slaves, and the Bank of Canada’s Response by Wolf Richter • Dec 13, 2019 • 160 Comments “The high household debt load is the most important risk facing the financial system.”
Is the Corporate-Debt Bubble Ripe Yet? by Wolf Richter • Dec 12, 2019 • 84 Comments What does it mean when the Fed and other central banks jointly bemoan the effects of their own policies? Worried about not being able to keep all the plates spinning?
Brick & Mortar Meltdown Manhattan Style: Lenders Foreclose on Times Square Tower whose Six Retail Floors are 90% Vacant by Wolf Richter • Dec 11, 2019 • 112 Comments Wow, that was fast: In default is a $650 million portion of a $2 billion loan package, signed in 2018.
The Chilling Thing Subprime Retailer Conn’s Said About the Sudden Deterioration in New Accounts by Wolf Richter • Dec 11, 2019 • 84 Comments Rising first-payment defaults and 60-day delinquencies, which are “leading indicators,” caused the retailer to become “prudent.” Shares plunged 33%.
Brick & Mortar Melts Down as Ecommerce Jumps by Most Ever by Wolf Richter • Nov 22, 2019 • 235 Comments Department stores get crushed one by one.
Fear of “Reversal Rates” Sets in, Says the Fed by Wolf Richter • Nov 20, 2019 • 104 Comments The fear that today’s negative or low interest rates render central banks helpless in face of the next economic crisis.
US National Debt Spiked by $1.3 Trillion in 12 Months, to $23 Tn. But Who Bought This Pile of Treasury Securities? by Wolf Richter • Nov 18, 2019 • 90 Comments The Fed opened the vault in September. But others bought too.
I’m Just the Little Guy Between the Boots of Giants, but WOLF STREET has a Fairly Big Readership Now (for a little guy) and I Thank All of You for It by Wolf Richter • Nov 18, 2019 • 133 Comments Why WOLF STREET Will Stay Free and Won’t Use “Ad-Blocker Blockers” But Needs Your Support.