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...Years late, investors are finally waking up to the fact that hedge funds overpromise, overcharge, and underdeliver.
Read more...An increase in job cuts announced suggests an employment turning point is nigh.
Read more...The more you look at negative interest rates, the harder it is to find anything to like.
Read more...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...Energy-bust inflicted to banks and other lenders has only just begun to bite.
Read more...Banks have gotten a painful reminder that originating risky assets like junk bonds and loans can leave them holding the bag.
Read more...Hamptons real estate is soft at the high end. A portent for the financial health of the super rich?
Read more...Moodys give an update on the sorry state of public pension funds’ coffers.
Read more...Why the oil price recovery is still a way away.
Read more...Whiting Petroleum Corp. (NYSE:WLL), the largest oil producer in North Dakota, has announced that it will suspend all fracking in the state and cut its budget for this year by 80 percent in a move that sent its shares up 9 percent on Wednesday, back down to a record low on Thursday, and $4.02 Friday morning.
Read more...Another foot-in-mouth moment at CalPERS, this time by the president of the board, Robert Feckner.
Read more...A refinancing bulge is coming awfully soon.
Read more...Is “crash” the right word to describe the Mr. Market’s rattled nerves?
Read more...In The Age of Stagnation, author Satyajit Das has shifted from his usual wry detachment to a sense of foreboding.
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