Spreading the truth. Empowering the people.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter There are now many of them. Shoring up the balance sheet is the opposite of “shareholder friendly.” It’s “creditor friendly.” The amount of investment-grade corporate bonds … Read more
by optionsnewbie94 Tesla was downgraded to underperform by RBC Capital, which said that the electric car maker has finally started to give some straight talk to investors about its future … Read more
via Marketwatch: “I think people are looking at the CBO (Congressional Budget Office) numbers. If people take the time to look at that you can see debt levels moving higher, … Read more
via Yahoo: General Electric Company has watched its share price crater more than 56 percent across 2018. Investors are taking fright at its huge debt pile. The wider U.S corporate … Read more
via John Engle Summary Despite missing on earnings, the market reacted favorably to Tesla’s Q2 earnings report thanks to a beat on revenue and apparent reduction in cash burn. Tesla claims … Read more
DB math… Credit rating downgrade+scandal+lawsuits+low morale = risk off – BTMFD pic.twitter.com/feAuffR20j — vincent (@vinman205) June 1, 2018 Deutsche Bank Credit Default Swap readings have been a great indicator of … Read more
by John Rubino When an entity needs to borrow ever-greater amounts of money to survive, the markets – that is, the people who are being asked to lend the money … Read more
Central Banks Now Own 33% of All Global Sovereign Debt Because who else would buy it? You can get trapped in a liquidity event even when you hold something very … Read more