Home » Posts tagged 'wolfstreet' (Page 19)
Tag Archives: wolfstreet
Nuclear Follies in the UK: in Search of High-Cost Power without Strategy at the Wrong Time
Nuclear Follies in the UK: in Search of High-Cost Power without Strategy at the Wrong Time Then there is the issue of long term predictions. It was the February 4 article in the Financial Times titled, “Nuclear Hazards: struggling industry aims for power surge,” that got our attention. There’s been so much going on in […]
Bailed-Out RBS Systemically Forged Customer Signatures: Whistle-Blowers
Bailed-Out RBS Systemically Forged Customer Signatures: Whistle-Blowers Small-business customers suffered most at the bank’s hands. The Royal Bank of Scotland, the UK mega-lender that has already cost British taxpayers over £90 billion in bailouts, losses, fines and legal fees, could be about to face its biggest scandal yet following allegations staff were routinely “trained” to forge […]
So What Do I Think about the “Crash” in Stocks?
So What Do I Think about the “Crash” in Stocks? A lot more will have to happen before this turns into a crash; and markets are not there yet. With all this wailing in the media about stocks, you’d think there’s at least some blood in the streets. But no. Not a drop. The Dow […]
Crash of Outsourcing Giant with 70,000 Employees Globally Sparks New Panic
Crash of Outsourcing Giant with 70,000 Employees Globally Sparks New Panic “Not another Carillion,” says UK government to soothe frazzled nerves, as entire industry is teetering. Since the sudden downfall of the British infrastructure giant Carillion two weeks ago, investors’ nerves in London are frayed. And short-sellers, scanning the horizon for their next prey, seem […]
Fed’s QE Unwind Accelerates Sharply
Fed’s QE Unwind Accelerates Sharply With a sense of urgency. No more dilly-dallying around. The Fed’s balance sheet for the week ending January 31, released this afternoon, completes the fourth month of QE-unwind. And it’s starting to be a doozie. This “balance sheet normalization” impacts two types of assets: Treasury securities and mortgage backed securities […]
Touted Energy “Reform” Goes Awry in Mexico
Touted Energy “Reform” Goes Awry in Mexico Dream of cheaper energy in an open market turns into nightmare. Four years ago, Mexico’s government passed a sweeping energy reform aimed at opening up Mexico’s long-protected oil and gas sectors to global competition and expertise for the first time in over 70 years. The reforms would lead […]
US National Debt Will Jump by $617 Billion in 5 Months
US National Debt Will Jump by $617 Billion in 5 Months Just as the Fed accelerates its QE Unwind. Treasuries reacted. While everyone is trying to figure out how to twist the new tax cut to their advantage and save some money, the US Treasury Department just announced how much net new debt it will […]
What Does it Mean, Saving Rate drops to 12-Year Low when 50% of Americans Don’t Have Savings?
What Does it Mean, Saving Rate drops to 12-Year Low when 50% of Americans Don’t Have Savings? Or what the averages are hiding. We will start with income and see what’s left over, and for whom. Personal income increased by 4.1% in December from a year earlier, the Bureau of Economic Analysis reported today. This […]
Mastercard Pushes Biometrics, Banks Follow
Mastercard Pushes Biometrics, Banks Follow Biometric authentication “will be of great benefit to everyone.” Mastercard has set a deadline for widespread use of biometric identification for its services across the whole of the EU: April 2019. Mastercard Identity Check, currently available in 37 countries, enables individuals to use biometric identifiers, such as fingerprint, facial, and […]
Why the Next Downturn “Will Not Look Like 2008”
Why the Next Downturn “Will Not Look Like 2008” Nine years of scorched-earth monetary policies come home to roost. There are always cycles. The current cycle started at the bottom of the Great Recession and will last “until central banks put on the brakes,” said Ray Dalio, founder of Bridgewater Associates, in an interview with […]
Rate Squeeze in Vancouver & Toronto Housing Bubbles
Rate Squeeze in Vancouver & Toronto Housing Bubbles Variable-rate mortgages, the HELOC phenomenon, and new stress tests meet higher rates. The Bank of Canada raised interest rates another 25 basis points last week. It was the third time in the past six months. Rates have more than doubled in that time, going from 0.50% to […]
The ‘Everything Bubble’ and What Happens if Credit Freezes Up in a Credit-Based Economy
The ‘Everything Bubble’ and What Happens if Credit Freezes Up in a Credit-Based Economy “It could get really messy.” Wolf Richter on the X22 Report The US government bond market has soured, even the 10-year yield is surging, and mortgage rates have jumped. Read… What Will Rising Mortgage Rates Do to Housing Bubble 2?
What Will Rising Mortgage Rates Do to Housing Bubble 2?
What Will Rising Mortgage Rates Do to Housing Bubble 2? Oops, they’re already rising. The US government bond market has further soured this week, with Treasuries selling off across the spectrum. When bond prices fall, yields rise. For example, the two-year Treasury yield rose to 2.06% on Friday, the highest since September 2008. In the […]
Bond Market Smells Inflation, Begins to React
Bond Market Smells Inflation, Begins to React Inflation expectations now exceed the Fed’s target. The 10-year US Treasury yield breached 2.5% on January 9 and hasn’t looked back since, closing on Friday at 2.55%. The three year yield closed at 2.12%, the highest since October 2008. The two year yield, after breaching 2% on Friday […]
ECB Spawned Mass Culture of Financial Dependency that’s Now Very Hard to Undo
ECB Spawned Mass Culture of Financial Dependency that’s Now Very Hard to Undo Right at the front of the monetary welfare queue is the government of Italy. As the Eurozone economy continues to grow, pressure is rising on Europe’s biggest bond buyer, the ECB, to withdraw from the market, a process it has already begun. […]
