BIS Fears “Bulge of BBB Debt” and “Financial Cycle” Default Waves
In its 4th quarter review, the BIS is concerned about the rise in near-junk debt, fearing “waves” if the economy…
Hard hitting global and local news
In its 4th quarter review, the BIS is concerned about the rise in near-junk debt, fearing “waves” if the economy…
Unless he gets a wall, senior White House adviser Stephen Miller said Trump will “absolutely” shut down the government.
After saying he would not make a motion of no confidence, Corbyn changes his mind, says Brexit vote date is…
$176bn worth of corporate bonds has fallen from ‘A’ to ‘BBB’ so far this quarter – the highest since late…
My how strange it’s been when “normalcy” is considered a “brave new world”.
Theresa May and Jean-Claude Juncker had bitter public spat on Friday. May returned home with talks of a 2nd referendum.
Tether is extremely controversial. Many doubt if the money is really there. It hasn’t been audited, but it’s now #4
A federal judge struck down Obamacare in entirety now that Congress has eliminated a penalty for those who opt out.
Once again the volatility of GDPNow vs Nowcast is in play. The former surged on the retail sales report.
Retail sales only increased by 0.2% in Nov. but control group sales which exclude gas and autos jumped 0.9%.