This is What We’ve Been Waiting for, the True Recovery of the American Economy by Wolf Richter • Jul 31, 2015 • 42 Comments Consumers Finally “Getting on with Their Lives” as Credit-Card Debt Slaves: Equifax
World Trade Drops Most Since Financial Crisis by Wolf Richter • Jul 22, 2015 • 17 Comments The reason corporate revenues are so crummy?
Home-Buying Panic Sets in, Housing Bubble 2 Soars, Industry Drools, But It’s Doomed, Says Zillow by Wolf Richter • Jul 1, 2015 • 14 Comments “The decades-long tailwind will shift to a housing headwind.”
Wall Street Frets about its Nightmare Generation by Wolf Richter • Jun 24, 2015 • 23 Comments To the greatest consternation of some folks on Wall Street, millennials are smart.
Household Debt Soars in Canada, “Stability” at Risk by Wolf Richter • Mar 12, 2015 • 12 Comments Just when oil collapsed, housing stumbled, and layoffs began.
The Unnerving Thing Wells Fargo Just Said About the Auto Boom by Wolf Richter • Mar 2, 2015 • 13 Comments Now the spigot is getting turned off.
Subprime Pump-and-Dump Frenzy Heats Up by Wolf Richter • Feb 21, 2015 • 8 Comments Toxic? Hey, these structured securities are triple-A rated by S&P.
Subprime Spikes Auto Sales, Delinquencies Soar, Industry in Total Denial, Fallout to Hit Main Street by Wolf Richter • Jan 9, 2015 • 8 Comments The industry is drunk with its own enthusiasm.
Debris from Subprime Auto Loans to Ricochet across Main Street by Wolf Richter • Oct 13, 2014 • 11 Comments Bank regulators fret about reckless lending and risks to the banks. But when this doozie pops, it will hit sales, production, services, railroads…. It won’t go away quietly.
Last Time Lenders Did This, They Triggered The Financial Crisis by Wolf Richter • Jun 27, 2014 • Comments Off on Last Time Lenders Did This, They Triggered The Financial Crisis Whipped into a frenzy by the sweet smell of usury.
