Wolf Street
The dollar’s role as dominant global reserve currency is at risk if the Fed fails to crack down on inflation.
Read More »Bond Massacre, Inflation Prick Biggest Bond Bubble in History
Founder, Wolf Street Corp.
In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China.
This Stock Market Is Coming Unglued Stock by Stock
The mayhem that has totally crushed one stock after another for a year breaks through the surface.
Read More »The Fed Lost Control of the Inflation Narrative
Mega-policy decisions to boost demand. Now mega-consequences.
Read More »China’s Model of Dictated Economic Growth Blew Up
What’s left of the debt-fueled property speculation that drove growth is a huge explosive mess and an enormous amount of debt.
Read More »China’s Crackdown on Debt, Tech & Evergrande Sends Frazzled Wall Street Titans to China
The property sector and its debts are possibly the biggest financial mess in China’s history.
Read More »What a Collapse of China’s Evergrande Would Mean
China still hasn’t bailed out investors in its over-indebted property developers, to the shock of foreign investors who’d bought their dollar bonds. Could the forced deleveraging trigger a financial crisis?
Read More »Free Money and the Shortages
Enough consumers, flush with free money, are suddenly eager to pay those higher prices, particularly for big-ticket items they didn’t really have to buy. A Magic Mix.
Read More »The Most Monstrously Overstimulated Economy & Markets Ever
The Fed will trim back its stimulus, but it’s already too late, and it’ll be too little and too slow.
Read More »What’s Behind this Messed-Up Bond Market?
The Fed. And then the Fed steps away.
Read More »Dollar’s Purchasing Power Gets Zapped. It’s Permanent
This combo of massive QE, repressed interest rates, huge government stimulus with borrowed money, and raging inflation is new in recent history.
Read More »