From Birch Gold Group Corporations have been using buybacks to “rob Peter to pay Paul” since the Reagan administration created laws that allow it. According to a Goldman Sachs chart, 2018 was a record year for buybacks, which neared $800 billion for …
David DuByne creator of the ADAPT 2030 channel on YouTube discusses societal changes as our Earth shifts to a cooler climate as the Eddy Grand Solar Minimum intensifies, a 400-year cycle in our Sun which will affect crop production, the …
The ballooning edifice of corporate debt securities across the world is of ever lower quality and potentially more dangerous than it was at the outset of the Lehman crisis, the OECD club of rich nations has warned. Global issuance of company bonds has …
by Jesse “War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits …
via Marketwatch: Will Nasgovitz, who oversees about $1.3 billion in assets as the chief executive of Heartland Advisors, isn’t calling for a “full-blown financial crisis,” but, with trillions in corporate debt coming due in the coming years, the industry veteran’s …
via hedgeye: A viewer asked Hedgeye CEO Keith McCullough on our inaugural Mega Market Trends webcast his thoughts on how the current shorting opportunity in the market compares to previous setups in 2001 and 2008. McCullough explains that while there are some similarities …
via CNBC: A big change in lease accounting rules effective Jan. 1 requires companies to record operating leases on their balance sheets. Operating leases include everything a company rents to run its business, from office space, equipment, factories to planes …
https://www.youtube.com/watch?v=rIyAXDKHmNI Stop Being Controlled By Debt
DoubleLine Capital CEO Jeffrey Gundlach joined Yahoo Finance’s The Final Round on Wednesday, February 13 to talk about Fed policy, the state of the economy, risks facing the markets, and developments in American politics ahead of the 2020 elections. https://finance.yahoo.com/news/jeffrey-gundlach-interview-yahoo-finance-transcript-195148936.html
By Robert Ross “Housing prices in the US never go down.” Just about everyone in America believed that in the mid-2000s. A limited amount of buildable land and a growing population would keep housing demand strong. So, house prices will continue …
by Charles Hugh-Smith Now the corporate lemmings have rushed into mobile advertising. Given that corporations are run by people, and people are social animals that run in herds, it shouldn’t surprise us that corporations follow the herd, too.Take the herd …
SINGAPORE (Reuters) – The collapse in China of a complex web of debt guarantees involving several private firms highlights risks in its financial system and opens up a potentially hazardous front for an economy in the grip of its slowest …
by Nomi Prins of Daily Reckoning A crucial theme from last year is continuing into this year — stock buybacks. Last year was a banner year for companies buying back their own shares. A month into 2019, it appears that Wall Street is …
by FS Louis Gave at Gavekal Research says the greatest source of potential instability in the years ahead lies with the massive growth of the U.S. corporate debt market, particularly at the BBB-rated (near junk) level. Gave recently told FS Insider …
Leveraged loan market concerns from CNBC. via CNBC: Leveraged loans are made to companies with weak balance sheets and poor credit profiles. They often are blamed for helping cause the financial crisis due to the high levels of corporate debt …
via outline: Remember the subprime mortgage mess? $1.2 trillion in risky corporate debt is flashing similar warning signs Indebted borrowers increasingly take out high-interest, adjustable-rate loans that are packaged into securities and sold to investors eager for a better rate of …
via CNBC: Covenant quality, or the protections lenders get in the leveraged loan markets, reached a historic low in the third quarter. Former Fed Chair Janet Yellen warned last month that investors in the space face dangers similar to what …
via MarketWatch: Overhang of excessive corporate debt may weigh on global economic growth: Oxford Economics As worries rise over the outlook for global growth, excessive debt levels are drawing the eyes of nervous investors worried that more countries will struggle …
by Mac Slavo of SHTFplan In 2008, when the United States was flung into recession, the culprit was the sub-prime mortgages. People without the ability to repay the money, borrowed to buy houses only to lose it all once the bubble burst. Now, …
Large sectors of Corporate Canada can’t compete (Link to article below) https://business.financialpost.com/op…
via scmp: Midway into January five Chinese companies are already likely to default on 3.5 billion yuan (US$446.25 million) worth of debt Beijing Kang Dexin Composite Material tumbled 10 per cent on Tuesday after saying it’s likely to default on the …
via france24: During the years of ultra cheap money, companies loaded up on debt but now the concern is whether they will be able to handle the mountain of debt as interest rates rise. Until last year, companies basked in the …
Global non-financial corporate debt hit a record high of 92% in Q3 2018. pic.twitter.com/fDyv5HQ5D9 — IIF (@IIF) January 15, 2019 Flashing Red Indicator Warns of Rising Risk of Financial Crisis The demand for debt issued by the U.S. federal government …
Corporate Debt Is Reaching Record Levels “U.S. corporate debt has climbed to roughly 46% of GDP, the highest level on record. Observers worry that highly leveraged companies could pose a threat to the global economy, especially if growth slows and …
via Bloomberg: U.S. investment-grade credit spreads are at the highest level in more than two years as the market nears the end of 2018 with the worst returns in a decade. High-grade bonds are returning -2.75 percent this year as …
Corporate Debt Is Reaching Record Levels In the aftermath of the financial crisis, a swath of individuals and families began a long and painful deleveraging process. Businesses, meanwhile, quickly moved in the opposite direction—loading up on cheap debt to the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Corporate debt, after years of encouragement by the Fed via artificially low interest rates, has reached historic levels. Now even the Fed is worried about its handiwork. Many of these companies will default over the next …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. To the white-knuckle end, 2018 has been a terrible roller coaster ride for Spanish supermarket chain Dia, once one of Europe’s biggest grocery chains. The firm’s shares, …
Dan Schultz from PositivelyDanSchultz and David DuByne creator of the ADAPT 2030 channel on YouTube discuss societal changes as our Earth shifts to a cooler climate as the Eddy Grand Solar Minimum intensifies, a 400-year cycle in our Sun which …
Investors to Corporate America: You’ve got a debt problem New York (CNN Business)It’s getting awfully difficult for investors to ignore Corporate America’s mountain of debt. Fears of an economic slowdown — or even recession — have turned a spotlight on …