Longer-Dated Treasuries Sell Off Sharply, Increasing Interest Rates: The Exact Opposite of What Trump Says He Wants
Mr. Market, in the form of longer-dated Treasury yields, is not on board with the Trump tariff scheme.
Read more...Mr. Market, in the form of longer-dated Treasury yields, is not on board with the Trump tariff scheme.
Read more...A program that purchased medical debt at a deep discount, while effective, still reinforces a predatory system.
Read more...How the Trump tariffs will whack private equity, and even more so, investors like CalPERS and other public pension funds.
Read more...A new study estimates the cost of payday loans in New York as the state debates tightening rules on these fintechs beyond existing usury laws
Read more...The Wall Street Journal worried about the giddy mood at the annual structured industry conference. But is where to look for the next crisis?
Read more...Why the GENIUS Act does not live up to its pretenses of making stablecoins safe, thus setting the stage for a Federal bailout.
Read more...We warned that crypto was closely aligned with criminal activity. The open grift of the new “strategic” Trump fund proves that case.
Read more...Jane D’Arista describes the internationalization of finance and how is has produced not just crises but fundamental economic distortions
Read more...A climate-change-driven insurance and eventual mortgage/housing price crisis is getting momentum. And unlike 2008, price recovery is unlikely
Read more...The Fed vigorously backpedaled on further cuts, pivoting to wait-and-see, due to long-term rates signaling inflation concerns.
Read more...A discussion of Elizabeth Warren’s naivete about the predatory nature of capitalism.
Read more...More realistic takes on BRICS, including by Michael Hudson.
Read more...China’s investors are in freakout mode about deflation risks. Can its government turn the fundamentals around?
Read more...The Journal gets egg on its face for trying to call a bottom in the office space market even as delinquencies were accelerating
Read more...Nissan, with intensifying cash flow woes and vultures circling, looks like a canary in the coal mine for non-China carmakers.
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