This Is Why It’s Going to Get Even Tougher by Wolf Richter • Oct 23, 2015 • 26 Comments “Though it’s premature to predict impending doom for the current recovery”: Moody’s
How Wall Street Is Exporting Toxic Junk Loan Waste To Japan by Wolf Richter • Apr 17, 2015 • 13 Comments US junk goes in. Plump, yen-denominated, highly rated bonds come out.
Wall Street Sells Junk Bonds, CLOs at Record Pace, But Investors Hit by “Dismal” Returns by Wolf Richter • Apr 6, 2015 • 2 Comments Parts of the greatest credit bubble in history are already self-destructing.