Spreading the truth. Empowering the people.
BY JOHN RUBINO If you’re managing money and need positive results in the year ahead, you’re in a tough spot. Stocks are at levels that in the past have preceded cycle-ending … Read more
via wallstreetonparade: The National Information Center is a little-known repository of bank data collected by the Federal Reserve. It is part of the Federal Financial Institutions Examination Council (FFIEC), which was created by … Read more
by SpontaneousDisorder
via Bloomberg: Credit market risk is at an all-time high, according to Scott Mather, chief investment officer of U.S. core strategies at Pacific Investment Management Co. The investment firm is defensive on … Read more
via Zerohedge: As each of the seven largest credit-card issuers in the US reported a troubling jump in default rates to levels not seen in the better part of a … Read more
Do you think regulations today are tight enough to prevent another crisis? The financial system is filled with constant and never-ending risk. When a crisis occurs and the risk is … Read more
Interesting tid-bit from the article: “The riskiest category of borrowers has never been more leveraged. Companies with junk credit ratings are holding a record low $8 of debt for every … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Still dreaming in la-la-land. High-grade corporate bonds are “gradually” – the key word in everything the Fed says – and reluctantly coming to grips with the … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Fed will keep tightening until these junk bonds buckle. High-grade corporate bonds have had a hard time. Yields have surged as prices have fallen. The S&P … Read more