#Beware, Fed, of the coming credit market hangover

#Beware, Fed, of the coming credit market hangover

“Beware, Fed, of the coming credit market hangover” Warren Buffett famously said that only when the tide goes out will you find out who’s been swimming naked. By this he meant that it’s only when money is no longer cheap will you find out who borrowed imprudently and which borrowers are at risk of default….

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#Hyperinflation could cause worst economic crisis since WWII, fund warns

#Hyperinflation could cause worst economic crisis since WWII, fund warns

“Hyperinflation could cause worst economic crisis since WWII, fund warns” The global economy is at risk of crippling hyperinflation and “extraordinary” conditions that could prompt the worst financial crisis since World War II, according to major hedge fund Elliott Management. Elliott Management, led by famed billionaire investor Paul Singer, warned clients that extreme conditions present…

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#5 key takeaways from the Federal Reserve’s rate hikes

#5 key takeaways from the Federal Reserve’s rate hikes

5 key takeaways from the Federal Reserve’s rate hikes The Federal Reserve ramped up its battle against inflation Wednesday with another large interest rate hike amid griping that the central bank’s efforts will plunge the U.S. into a recession.   The Fed boosted its baseline interest rate range by 0.75 percentage points for the fourth…

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#Fed’s latest hike will push up mortgage rates

#Fed’s latest hike will push up mortgage rates

Fed’s latest hike will push up mortgage rates The Federal Reserve’s latest interest rate hike Wednesday of 0.75 percentage points is expected to intensify pressure on the housing market while pushing up mortgage rates that already have reached nearly 20-year highs. The interest hike announced Wednesday is the latest effort by the Fed to slow…

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