The Fed’s Irrationally Exuberant Stock Market
In the past 5 years, the S&P 500 stock index has risen over 50% and during that period operating profits for non-financial companies have declined over 15%, a drop that … Read more
exuberant
Just How Wildly Exuberant is the Junk-Credit Market?
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This deal is “reminiscent of the kind of deal I would have seen in 2006 and 2007.” They’re still blowing off the Fed. This is considered … Read more
This Deal Shows How the Junk-Credit Market is Still Irrationally Exuberant
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter One of the biggest such deals ever, happening now: How investors allow a group of PE firms to extract $3.75 billion from a company after they’d already … Read more
Exuberant stock market, disappearing middle class, history repeats itself….1 in 5 American households have ‘zero or negative’ wealth, drowning in credit card debt, paychecks just aren't growing
Exuberant stock market, disappearing middle class, history repeats itself [ A 32-year-old mother of 7 children called Florence Owens Thompson, Nipomo, California. February 1936.] One in five American households have … Read more