Credit markets Archives | naked capitalism

Wolf Richter: My Fancy-Schmancy “Fed Hawk-o-Meter” Ticks Down, Still Red-Lines. In Passing, Fed Plants Seed for Removing “Patient”

Not surprisingly, given economic weakness in Europe and China plus Trump trade war saber-rattling, the Fed seems less gung ho about the health of the economy than it was last summer.

China’s Mountain Of Debt Is About To Crumble

A worrying update about China’s corporate debt.

Reining in Leveraged Lending

Yves here. This article pre-supposes that readers understand that most leveraged lending is taking place as a result of private equity, via two routes. First, private equity funds use a great deal of borrowed money when buying companies. One of the biggest sources is so-called leveraged loans, which are normally originally made by banks, but […]

Is China’s Debt Crackdown Hitting California’s Commercial Real Estate Bubble?

China gets a cold and California real estate gets pneumonia.

The Natural Rate of Interest Is Anything But

Central bankers pursue a “neutral” rate that doesn’t exist.

MMT’s Opening

Another go at clearing up press and pundit misrepresentations of MMT.

China Won’t Be Taking Over

Why China is fragile and starting to look wobbly.

Wolf Richter: “Severe Collapse” of Home Prices Might Trigger a “Financial-Institution Crisis” in Australia: OECD Frets about the Banks

Australia looks to be on the verge of a nasty unwind of its housing bubble. A plunge would damage not only its banks but also retirement funds, since banks play an outsized role in the Australian stock market.

Global Uncertainty Is Rising, and That is a Bad Omen for Growth

The World Uncertainty Index reveals how uncertainty in the world has evolved over time, whether it is synchronised across countries, and how it compares across income groups and political regimes.

IMF, Warren Sound Alarm on Leveraged Lending

Concerns are building over the extent of leveraged lending, among regulators and politicians and the private sector alike. Some, such as Sen. Elizabeth Warren see troubling signs that recall risks that triggered the Great Financial Crisis.