John Rubino: What Blows-Up First? ‘Almost Junk’ Bonds
Hundreds of US companies are about to have their bond ratings cut to junk. Here’s why that’s a major problem for the markets and the economy…
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America’s Rapidly Accelerating Retail Apocalypse Is Fueled By One Very Painful Economic Problem
The problem is specific and systemic, and unless something is done soon, the retail apocalypse will only worsen. Here’s the details…
Continue readingFund Manager: Subprime Mortgages Are Back Just Like A Dog Returns To Its Vomit
Dave Kranzler says “mortgages now offered by the Federal Government are beginning to look and smell like the same sub-prime sewage that…”
Continue readingFund Manager: Subprime Mortgages Have Come Roaring Back
Dave Kranzler says this time, however, these mortgages are sponsored by the government and guaranteed by U.S. taxpayers. Here’s the details…
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