Young people gotta start paying student loans again later this year … — The North Farce (@MuzzMuzzington) February 9, 2023 Consumer spending has slowed down 🔥 Everything is fine 🔥 pic.twitter.com/2aLs1aInHj — Wall Street Mav (@WallStreetMav) February 9, 2023
https://twitter.com/iLoveJaneAdams/status/1596668950028648448 MARKET WATCH: Economy is in the Biggest Bubble in World History – Collapse Incoming Many of you know I do not invest in equities, bonds, ETS or MFs. Please DO NOT listen to what I’m going to say next: …
by VotingIsForLosers A derivative is a contract that derives its value and risk from a particular security (like a stock or commodity)—hence the name derivative. Derivatives are sometimes called secondary securities because they only exist as a result of primary securities like …
by BoatSurfer600 The bill is coming due for 14 years of central bank “emergency measures” and the debt hyper-bubble that inflated these Ponzi markets and asset bubbles. Got popcorn? $600 Billion: What Lehman Brothers held in assets when they crashed …
by Joecalledher The current macro environment has seen a bit of flight to safety and increasing credit spreads. So, I’ve been looking at the leveraged loan & CLO markets and how they have been handling the transition to SOFR from …
Conclusion: Evergrande's capital is only ￥3.9 billion, but it leveraged ￥2 trillion of financing loans. Evergrande has no assets to pay off when it'll officially announce bankruptcy liquidation. The large amount of Evergrande dollar debt has actually become toilet paper. …
by DontMicrowaveCats Now this is the real risk underlying bitcoin that hardly anybody talks about. The crash earlier this year was due to over leveraged futures whereas the crash in 2017 was due to long term holders liquidating their coins. …
by Samuel Briggs via Kinesis This week, Andrew Maguire shares word of yet more refinery shortages and reveals the impetus for the next silver rally. The precious metals expert explains the recent gold and silver market volatility and offers an update on the ongoing race …
https://twitter.com/NorthmanTrader/status/1390642011972292608 "If the “data available” is not capturing the full scale of risks between the hedge funds and the mega banks and the broker dealers they own, then there is zero evidentiary support for the Fed to state that “Banks …
Inflation is coming has been the signal sent from bond markets. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped …
https://twitter.com/farrisbaba/status/1371794139600334854 Retail sales fell in February, but economists expect improvement in coming months as vaccines become more widely available https://t.co/84Bp5gXgBK — Real Time Economics (@WSJecon) March 16, 2021 There is no inflation Call Jerome Powell to print more stimulus checks …
If the banks have restructured such that debt risk has been placed in the hands of (debt) holders rather then the banks why are the banks involved at all? This is almost identical to the attitude that yielded the 2007 …
by CautiousInvestor I spent my entire adult life honing the set of skills and knowledge that I use in my career. After a decade of work, my field fascinates me no less, and often far more, than back when …
via businessinsider: 85% of all leveraged loans — one of the most-risky types of corporate debt — are now “covenant-lite.” That means they lack traditional requirements for companies to maintain certain financial benchmarks that protect the investors who pay for them. …
https://twitter.com/M_PaulMcNamara/status/1097845860325646337 Yep – here's one caught my eye this morning as I was going through the usual updates… spurious, or about to get furious? pic.twitter.com/QbCZyHwByW — Callum Thomas (@Callum_Thomas) February 18, 2019 China satellite manufacturing index YoY change now as …
From Birch Gold Group There are lessons from the 2008-09 recession that the banking industry should have taken note of to prevent egregious lending errors from happening again. But it looks like those lessons were ignored, and history may naively repeat …
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 …
leveraged loans index stalling out – bad for stock market pic.twitter.com/KTt21h5yqZ — Alastair (@StockBoardAsset) January 28, 2019 Credit Default Swaps reset after a month of declines? pic.twitter.com/xU4LAqo03F — Alastair (@StockBoardAsset) January 28, 2019 Eurozone credit impulse… Despite zero interest rates …
With 18.7m followers and a roster of fans that includes the Kardashians and Naomi Campbell, the Instagram page of beauty company Anastasia Beverly Hills offers crafty demonstrations of how to use its products to get the perfect eyebrows and lips. In one …
via WSJ: Vanguard Group will no longer allow individual investors to make new trades on certain investments that seek to magnify bets, pouring cold water on strategies that became popular after the last financial crisis. Starting January 22, customers won’t …
From Lisa Lee and Bloomberg: One of the safest ways to invest in junk-rated companies is starting to look pretty risky. Money managers have grown increasingly concerned about loans to high-yield corporations over the last month as early signs of slowing global growth have emerged. Investors …
via businessinsider: In the life of a decade-long credit cycle, the global economy’s current condition shows it’s firmly heading toward a downturn, according to a new analysis from Nomura. A single cycle is historically a decade long. The beginning is marked …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Forced selling by loan funds in the once red-hot $1.3-trillion “leveraged loan” market. Part of the $1.3 trillion in “leveraged loans” — loans issued by junk-rated overleveraged companies — end up in loan mutual funds and …
All is well. Credit argues otherwise. pic.twitter.com/cGCelKZqeL — Jack (@JackPScott) December 28, 2018 When Leveraged Loans Index rolls over – watch out stock market! pic.twitter.com/M8IQSYZLMs — Alastair (@StockBoardAsset) December 28, 2018 The US Yield Curve has partly inverted. pic.twitter.com/tThH8mB2h7 — …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Fed has warned about them, and investors fear a run-on-the-fund. The $1.3 trillion “leveraged loan” boom is coming unglued: Not because the junk-rated, highly leveraged, cash-flow-negative companies that issued these loans are massively defaulting – …
by WARREN MOSLER So for every agent that spent less than its income, another must have spent more than its income, or the output would not have been sold. It’s an ex poste identity for any currency. That means that …
via Molly Smith The recent weakness in the leveraged loan market isn’t a passing trend, and the asset class is set to perform even worse next year as the U.S. economy edges closer to a downturn, according to Gershon Distenfeld of AllianceBernstein LP …
Leveraged loans trading above par…..where were investors brains most of the year prior to October? This is QE cognitive dissonance…. pic.twitter.com/1kACLUv67F — M/1_LP (@MI_Investments) December 14, 2018 The $2.53B withdrawal from US #leveragedloan funds this week? The largest on record. …
The primary loan market felt the effects of broader market volatility in November with at least five transactions being pulled this month. Leveraged loan issuance volume was $65bn, a 48% decline from October. YTD leveraged volume stands at over $1.12trn, …
