Credit Bubble Bulletin

"Those who do not learn history are doomed to repeat it." I'll add that those that learn the wrong lessons from Bubbles are d...

[BloombergQ] Stocks Decline as Budget Fear Sparks Italian Rout: Markets Wrap [Reuters] Italy budget worries hit European markets [Reuter...

[Reuters] Wall Street pushed higher by Apple, Amazon [Reuters] Fed chief Powell signals central bank is done with signaling [CNBC] Bay A...

[BloombergQ] U.S. Stocks Rally With Dollar; Euro Falls on Italy: Markets Wrap [Reuters] Italy budget uncertainty returns to haunt Europe ...

[Reuters] Wall Street ends lower after late sell-off of gains [CNBC] US Treasury yields fall after Federal Reserve hikes interest rates ...

[BloombergQ] Stocks Steady Before Fed; Dollar Rises With Bonds: Markets Wrap [Reuters] Fed likely to raise rates, possibly end 'accomm...

[Reuters] S&P 500 dips as chip stocks and utilities tumble [CNBC] Fed expected to raise interest rates and signal more hikes are comin...

[BloombergQ] Stocks Climb, Bonds Fall as Risk Appetite Rebounds: Markets Wrap [Reuters] Oil hits four-year peak after OPEC+ shows no sign ...

[Reuters] Wall Street drops on trade worries, Rosenstein news [Reuters] Weakest demand, highest yield since 2008 at U.S. 2-year auction ...

[BloombergQ] Stocks Slip as Trade Talks Falter; Oil Climbs: Markets Wrap [CNBC] Euro rises sharply as ECB's Draghi views tighter labor...

[CNBC] Risk is rising that all of imports from China could be hit with US tariffs, Goldman Sachs says [BloombergQ] White House draft order...

[Reuters] Asian firms shuffle production around the region as China tariffs hit [Reuters] Nowotny urges ECB to speed pace of policy normal...

[CNBC] China said to call off trade talks as tariff war escalates: WSJ [CNBC] Record high stocks face Fed rate hike, trade tensions in wee...

Non-Financial Debt (NFD) expanded at a seasonally-adjusted and annualized rate (SAAR) of $2.283 TN during the second quarter. While this wa...