30-Year Treasury Yield Spikes Past 5%, 30-Year Mortgage Rates Hit 8%, Mortgage Applications Plunge
Treasury bond bloodbath, housing Market in deep-freeze, as delusions fade.
Read more...Treasury bond bloodbath, housing Market in deep-freeze, as delusions fade.
Read more...Confirming that investors in football (as in the kind played all over the world) have money to burn, because that’s what they are probably doing.
Read more...Recession complacency means things are wobblier than they seem.
Read more...$100 a barrel oil does not bode well for the economy in the US and even more so around the world. What might the political fallout be?
Read more...CalPERS lurches into a new crisis. The official story of the sudden resignation of CIO Nicole Musicco does not add up. What gives?
Read more...New technologies are not the problem. It’s a system distorted by a flawed shareholder value ideology.
Read more...There will be a recession, there’s always a recession eventually. But we’ll just have to keep watching for it.
Read more...Inflation in the US is still defying the Fed, confirming that the blunt instrument of interest rate increases is not the right tool.
Read more...Stock buybacks, aka corporate financialization, as a mode of predatory value extraction
Read more...The West’s discomfort over China’s influence and economic stature is sometimes a bit too obvious.
Read more...Debates inside and outside the Fed as to what it should do next about inflation pick up as its annual Jackson Hole conference approaches.
Read more...Some investors are worried that climate risk means their holdings are overvalued. It would be nicer if they worried about the real world too.
Read more...Hubert Horan takes another hard look at Uber financials and finds much not to like.
Read more...Tightening is a slow process, and there is still a flood of excess liquidity chasing after yield.
Read more...Given the complexity of the link between climate shocks and financial sector outcomes, the authors argue that current methods have several key limitations that may lead to significant underestimation of potential financial sector losses.
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