Wolf Richter: Oh Lordy, Yellen Comes Out for Higher Interest Rates: “A Plus for Society’s Point of View and the Fed’s Point of View”
“We want them to go back to” a normal interest rate environment.
Read more...“We want them to go back to” a normal interest rate environment.
Read more...Katerra, one of the rare unicorns with a real or at least plausible business, fell to Covid. Lawsuits will fly.
Read more...More on the well-deserved Monsanto litigation world of hurt.
Read more...If you think the officialdom is getting tough with crypto, there’s even more they can do to tighten the screws.
Read more...Stock margin debt is the visible tip of the iceberg of leverage, and it has been growing at a zoo-has-gone-nuts rate.
Read more...Savings plays an important role in household management (or does when the household isn’t desperate), yet economists don’t get it.
Read more...Corporate ownership in many sectors of food production has risen and is set to increase further. Another rentier program well underway.
Read more...The Judiciary Committee’s analysis of a CalPERS-sponsored bill shows that Sacramento is noticing the fund’s chicanery and incompetence.
Read more...Challenging the conventional wisdom that government responses to Covid will generate inflation.
Read more...Trying to make sense of what the Fed is up to.
Read more...Financial legerdemain is still very much with us, despite the Big One in 2008 and continuing distortions confirming its high cost.
Read more...The SPAC market is in the process of detonating and it will take the Ponzi Sector with it.
Read more...Taking a stab at how global warming will affect bond ratings in the intermediate and long term.
Read more...In an investment environment where nothing matters anymore – until old fasioned worries like leverage suddenly do.
Read more...Inflationistas have abandoned gold and moved on to a new fetish.
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