American Borrowers Are Getting Closer to Maxing Out
A happy holiday shopping season might not end up being an especially cheery time for lenders. Card loans are still growing, on average rising 1.6%...
David Einhorn’s Greenlight Capital invests in gold
David Einhorn’s Greenlight Capital cut its stakes in its top two holdings, U.S. housebuilder Green Brick Partners and Pennsylvania coal miner Consol Energy , and...
Big Banks Cook Up New Way to Unload Risk
U.S. banks have found a new way to unload risk as they scramble to adapt to tighter regulations and rising interest rates. JPMorgan Chase, Morgan...
Housing affordability drops to the lowest level since 1984
It’s an unwelcome blast from the past — home buyers are facing the most unaffordable housing market since the 1980s, according to a new report....
A wall of debt rolling over: Here’s what’s scaring Bridgewater’s co-CIO
A weak session is setting up for Tuesday, with oil under pressure after unexpectedly downbeat China export data. So the preference is for bonds this...
The Money Has Stopped Flowing in Commercial Real Estate
Commercial real-estate lending is shrinking to historically low levels, threatening a rise in defaults on expiring debt and a sharp decline in new construction of...
Wall Street braces for another $1.5 trillion in borrowing needs by Treasury
Some big Wall Street banks are expecting next week’s refunding announcement by the Treasury to reflect the government’s large and ongoing borrowing needs. JPMorgan Chase...
Another Black Monday May Be Around the Corner
By John Greenwood and Steve H. Hanke The Federal Reserve’s policies are threatening U.S. financial markets and the economy. They are in danger of a...
Bank Deposit Pressures Could Get Worse, Here's How
Higher interest rates have hurt bank deposits, and the outlook remains bleak. Investors brace for disappointing bank earnings tied to deposit costs. Despite rate hikes,...
1970s-style stagflation may be at risk of repeating itself, Deutsche Bank warns
A major Wall Street bank is warning about the risk that inflation expectations could become unanchored in a fashion similar to the 1970s stagflation era....