The chart shows what a truly relentless glut looks like.
Decade of Stagnation of Industrial Production in the US, Japan, and Europe.
The hunt is on for Chinese buyers.
The “augmented reality” hype just died.
“Everything feels distorted and unnatural”: Citigroup
Expanding its Program of Financial Darwinism.
Creating a situation worse than 2008?
I get chills when insiders tell outsiders “not to panic.”
Why this is Not the Time to Chase Oil Stocks.
The Italian Banking Crisis would complete Europe’s “Doom Loop.”
The year isn’t over yet. More mass layoffs to come.
Leading Indicator of big trouble, now fermenting in the banks.
But the Economy is Bogged Down.
The Great Equalizer has arrived.
Read and gnash your teeth. There’s already a backlash: individual lawsuits, state attorney general investigations, and government investigations.
Iconic Silicon Valley layoff machine tries to stay relevant.
Health insurers just can’t stand competition.
San Francisco housing bubble buckles under its own lopsidedness.
“We’re in an industry that has high valuations.”
“The market could get scary.”
The drama of the stalled nuclear facility grew more Shakesperean, with the Chinese partner now under investigation in the US for espionage.
Wolf Richter with hosts Max Keiser and Stacy Herbert.
Hidden behind the Fed’s flip-flop theatrics about raising rates.
Oil Soars as Saudi Energy Minister Uses Oldest Trick: Talking his Book.
Stunning acceleration of a trend.
Weak GDP growth, higher fees and taxes, unable to pay its workers, leaving thousands from South Asia stranded. But… “Things are very fine.”
Soaring rents have hit the wall of reality.
Brick-and-mortar retail sinks artfully into coma.
Restaurants are a leading indicator of the economy into a downturn.
“This year is unlike anything ever seen in the history of finance.”