Regulator Warns Commercial Real Estate Bubble Is Biggest US Bank Risk
By the time regulators start warning of risk, as the OCC is now in commercial real estate, it’s often too late.
Read more...Category Archives: Investment outlook
China Destabilizes Global Economy by Exporting Deflation Through Currency Devaluation
China is behaving badly by trying to maintain growth at the cost of worsening deflation in the rest of the world.
Read more...Wolf Richter: The Big Unravel – US Commercial Bankruptcies Skyrocket
Commercial bankruptcies rose at a much bigger clip in early 2016 than in recent years. How worried should we be?
Read more...Hedge Fund Shakeout Continues
The hedge fund industry has been bloodied but is far from bowed.
Read more...More Collateral Damage From Negative Interest Rates (Updated and Corrected)
Spain demonstrates some of the costs and dislocations created by negative interest rate policies.
Read more...Bond Market Flight to Safety as Investors Sweat Over Brexit Risk, Wobbly US Economy, Negative Rates
Investors got a big dose of bad news about the economy and geopolitics and reacted accordingly.
Read more...Oil Speculators No Longer Confident In Price Crash
Even though the near-term fundamentals for oil are not promising, speculators are cutting bets that the bottom will fall out (again).
Read more...Hard Landing Coming Soon? Chinese Officials Set Off Red Alert on Debt, Urge Serious Measure to Contain It
Chinese officials sent a serious warning about ending debt growth. If they are serious, the shock waves will engulf not just China but also the global economy.
Read more...Hedge Fund Comeuppance: Firms Hunker Down, Start to Cut Fees as Investors Wise Up and Withdraw Money
Years late, investors are finally waking up to the fact that hedge funds overpromise, overcharge, and underdeliver.
Read more...Wolf Richter: Job Cuts Pile Up
An increase in job cuts announced suggests an employment turning point is nigh.
Read more...Negative Interest Rates – Are There Any Positives?
The more you look at negative interest rates, the harder it is to find anything to like.
Read more...Private Equity Kingpins Whine as Stock Market Values Languish
What word best describes how distasteful it is to see obscenely rich men complain that they aren’t as rich as they think they ought to be? The subhead on a new Financial Times story on private equity tell us: “PE believes investors do not grasp their long-term cash flow generation capabilities.” In other words, this […]
Read more...The Oil and Gas Fire Sale: How Bad Will Losses to Banks and Investors Be?
Energy-bust inflicted to banks and other lenders has only just begun to bite.
Read more...Banks Once Burned, Now Twice Shy About Taking on More Takeover-Deal-Related Junk Debt
Banks have gotten a painful reminder that originating risky assets like junk bonds and loans can leave them holding the bag.
Read more...Wolf Richter: Hamptons Super-Luxury Homes Whacked by Reversing “Wealth Effect”
Hamptons real estate is soft at the high end. A portent for the financial health of the super rich?
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