CHAPTER 11 #BANKRUPTCIES
As if we needed any other leading #recession indicators…..
Via @trevornoren pic.twitter.com/n1JUxmDO2E
— OW (@OccupyWisdom) April 11, 2018
So much for that narrative pic.twitter.com/pSKktBAP9C
— zerohedge (@zerohedge) April 11, 2018
— Alastair Williamson (@StockBoardAsset) April 11, 2018
h/t @topdowncharts pic.twitter.com/VvZ8acm489
— Alastair Williamson (@StockBoardAsset) April 10, 2018
"The 3-month LIBOR-OIS spread is widening again," h/t @SoberLook pic.twitter.com/hbgGKcerkf
— Alastair Williamson (@StockBoardAsset) April 10, 2018
— Alastair Williamson (@StockBoardAsset) April 11, 2018
"High-yield ETFs saw record outflows in the first quarter," h/t @SoberLook $HYG $JNK pic.twitter.com/WYTvF9xn0a
— Alastair Williamson (@StockBoardAsset) April 11, 2018
bullish pic.twitter.com/bg9OiRXj0r
— Alastair Williamson (@StockBoardAsset) April 11, 2018
Retailer defaults have reached the highest ever level, after Sears and Claire's Stores succumbed in the first quarter. Retail now account for a third of all corporate defaults, according to Moody's. #retailmageddon pic.twitter.com/nm8DANaAtX
— Robin Wigglesworth (@RobinWigg) April 10, 2018
— Alastair Williamson (@StockBoardAsset) April 11, 2018
The S&P 500 is likely to have a great 1Q18 pic.twitter.com/gFQj7FJ1ZH
— Daniel Lacalle (@dlacalle_IA) April 11, 2018
Rising Home Prices Push Borrowers Deeper Into Debt
Wall Street Journal–Apr 10, 2018
Economists warn that lenders must tread carefully in making credit more available, given the role easy mortgages played in creating the last housing bubble. The share of new buyers with debt-to-income levels in the 46% to 50% range remains well below the peak of just under 37% registered in 2007, but is nearing the …
Why trillion-dollar budget deficits may be on a fast track to $2 trillion
CNNMoney–16 hours ago
For comparison’s sake, this year the country’s debt is expected to hit 78%. Then again, there is a chance lawmakers might act to moderate deficits before they cross the $2 trillion mark. Maya MacGuineas, who runs the Committee for a Responsible Federal Budget, can see Congress extending some but not all of the expiring …
Puerto Rico’s warring creditors duel over sales tax revenue
Reuters–17 hours ago
The dispute is central to sorting out Puerto Rico’s $71.5 billion in debt, about half of which is owed to GO and COFINA bondholders. Each side is owed about $18 billion and claims an ironclad right to the sales tax revenue. The outcome will determine which group recovers more of its investment, and which side will have a …
Amid Venezuela default, Goldman receives ‘hunger bond’ payment …
Retail defaults soar to record high in 2018
California bill would create health care price controls